PropertyTax_111709

End of the Year – Property Taxes Due

November 17, 2009 - With mortgage rates still low, home owners are finding many reasons to refinance their home not just for the lower rate. Refinancing to pay property taxes, lower monthly payments and reset escrow shortages are many great reasons to refinance today.

The Texas Home Loan Team has helped several home owners refinance their homes into a new home mortgage loan with a lower rate, updated escrow information and savings on their monthly payment. The end of the year is always a great time to refinance.

With the end of year, many home owners have to pay property taxes. For some, this can be very difficult with the year we had. Also, many home owners will see an increase in property taxes compared to last year as many counties have increase values to homes. For many, refinancing can be a great way to help solve the property tax issue.

Refinancing your home today will allow you to roll in your current property taxes into the new loan. This is also a great time to set up an escrow account if you do not have one. For those home owners that have an escrow account, now is a great time to refinance and set up a new escrow account with the more current property taxes and insurance figures. By doing so, this will fix any current escrow account issues like shortages.

Contact our office today to see if refinancing your home is a good option for you. Our friendly staff will go over all your options. We will let you know if refinancing is a good option for you or not.

Visit our website at www.txmortgagespecials.com

Begin the Loan Process today!!