Need Help Paying Property Taxes? Here’s What To Do
If you need help paying property taxes, then an online title loan might be a resource you can consider. Here’s what to do if you have high property taxes to deal with this tax season.
At Home Title Loans can connect you with a licensed vendor that may approve you to borrow up to $15,000 by taking out a title loan. The fast, streamlined loan process can be completed in as little as 30 minutes, and should you be approved, you may get your quick cash on the same day or the following business day.
There are a number of ways an online title loan can help you out of a rough spot, and if you owe a lot to the tax man this year, then the rest of this article will give you a few options to consider if you need help paying property taxes.
Options To Consider When Paying Property Taxes
Reconsider Your Tax Assessment
Believe it or not, you don’t have to accept the tax assessment on your property at face value. If you believe you’re being overcharged for property taxes, you’re not alone. The National Taxpayers Union Foundation suggests that between 30 and 60% of taxable property in the United States is overvalued.
To challenge the assessment, you’ll need to find similar properties that are assessed at lower prices, along with comparisons to your own home.
The process can be time-consuming, but saving 30% on property taxes may be time well spent, especially since the majority of people who file an appeal are rewarded with lower property taxes.
Investigate Property Tax Assistance Programs
If appealing your assessment doesn’t work, then there are still some other options that can help you manage property tax payments:
- Abatements – Abatements are location-specific programs aimed at helping those facing hardship or poverty.
- Deferrals – Some states allow you to defer tax payments with accrued interest.
- Payment Plans – Depending on your eligibility, you may be able to get a payment plan that allows you to pay your property taxes in installments rather than in a big lump sum.
- Exemptions – There are some rare scenarios in which properties can be exempt from taxes, such as homesteads, agricultural properties, and homes for disabled veterans.
Cut Your Spending
Property taxes can be, well, taxing. As such, you need to carve out savings year-round for the privilege of owning your own property.
That may involve making some sacrifices regarding entertainment, food, and other “wants” you purchase regularly. Assess what your property tax has been over the past few years and start saving early, putting money aside in a savings account to prepare for your upcoming property tax assessment.
Reorient your life to include fewer purchases and lower your cost of living. You might just find that you have enough wiggle room in your budget to manage property tax expenses.
Get A Second Job
Another plausible solution is getting a second job. If you have the time to spare and need the additional money, you might consider taking on a part-time job or side hustle.
Even something as simple as taking on a few Uber jobs here and there can earn you a few hundred dollars a month—enough to save up for your property taxes when tax season rolls around again.
Sell Your Home
A last-ditch option, if property taxes continue to stifle your finances and leave you struggling to manage other payments, then you might consider selling your home and moving somewhere with lower property taxes or, at least, home abatements.
How At Home Title Loans Can Help You
If you need emergency help paying property taxes, then an online title loan is a resource to consider. Title loans are secured by using your car title as collateral, giving you access to large sums of money and lengthy repayment periods if you’re approved.
At Home Title Loans can connect you with a trusted vendor to walk you through the process and get the urgent money you need if you’re seeking help paying property taxes. To get started, you’ll need the following to apply:
- Driver’s license or state-issued ID
- Lien-free car title
- Your car for inspection
The Simple Process To Apply
Applying for a title loan with the help of At Home Title Loans is as simple as the following steps:
- Complete the online inquiry form.
- Wait for a representative to contact you and schedule a meeting.
- Bring your required items to the meeting and let the associate conduct a brief inspection of your vehicle.
- Follow up with the closing paperwork. If approved, you’ll be given the money you need on the same day or the following business day.
Get Help With Property Taxes Today!
Many Americans need help paying property taxes, so if you’re struggling, you’re not alone. Thankfully, you can rely on a title loan from an At Home Title Loans licensed vendor to get up to $15,000 toward paying your property taxes.
If you own a car outright, it’s a fast cash option that is worth considering, and you can get started by completing the online inquiry form today!
Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.
