Property Tax Arrears Solutions

At, we understand the stress and financial burden that property tax arrears can impose on homeowners.

However, there’s good news – you can leverage the equity in your home to resolve property tax arrears and stop a potential tax lien or sale. Our expert team at specializes in providing tailored solutions to help you overcome this challenge and regain control of your finances.

Understanding Property Tax Arrears: A Growing Concern

Property tax arrears occur when homeowners fail to pay their property taxes on time. These arrears can accumulate, leading to hefty penalties, interest charges, and even the risk of property foreclosure. It's a situation that requires immediate attention and strategic financial planning.

Property tax arrears can grow at an alarming rate and can cause further strain on your household finances. At, we recognize the urgency of addressing this issue, and we are here to guide you through the process.

Common Affects of Property Tax Arrears
Leveraging Home Equity: Your Path to Clear Up Property Tax Arrears

Your home is more than just a roof over your head – it’s a valuable asset that can be leveraged to resolve financial challenges. The home equity is what’s available to you less any outstanding mortgage balances.

It can serve as a powerful tool to pay off property tax arrears and alleviate the associated stress. There are several methods to obtain access to equity in your home to help resolve a tax lien today.

Can Property Tax Arrears Cause A Tax Sale?

A tax sale is the sale of one or more properties by the city or municipality to recover unpaid property taxes on those properties. If you don’t pay your property taxes for three consecutive years, the Municipality may take action, which includes registering a Tax Arrears Certificate and advertising your property for sale.

Partial payments are not accepted once a certificate has been issued with the Land Registry Office. In fact, any partial payment received will be returned to the homeowner immediately. Once a tax certificate is registered you normally have a short window of opportunity to make payment in full to the City and bring the current account up to date.

Our Home Equity Solutions

1. Home Equity Loans:

A home equity loan allows you to borrow against the equity in your home, providing you with a lump sum of money that can be used to pay off property tax arrears in full. These loans often come with competitive interest rates and flexible repayment terms, tailored to suit your financial situation.

2. Home Equity Lines of Credit (HELOC):

HELOCs offer a revolving line of credit based on your home’s equity. You can draw funds as needed, making it a flexible solution for addressing property tax arrears. HELOCs typically have lower interest rates than credit cards, making them a cost-effective option for homeowners.

3. Cash-Out Refinancing:

Cash-out refinancing involves replacing your existing mortgage with a new one that has a higher principal amount. The difference between the old and new mortgage is given to you in cash, which can be used to pay off property tax arrears. This option allows you to secure a lower interest rate on the new mortgage, potentially reducing your overall monthly payments.

4. Reverse Mortgages:

Reverse mortgages are tailored for seniors aged 55 and above. They allow homeowners to convert a portion of their home equity into tax-free cash, which can be used to settle property tax arrears. The loan is repaid when the homeowner sells the property or passes away, offering financial flexibility for older individuals.

Why Choose

1. Expertise and Experience:

With years of experience in the financial industry, our team at possesses the knowledge and expertise to assess your unique situation and recommend the most suitable solution tailored to your needs.

2. Personalized Guidance:

We understand that every homeowner’s situation is different. Our experts take the time to understand your circumstances, providing personalized guidance and support throughout the entire process.

3. Competitive Rates and Terms:

We work with a network of trusted lenders, ensuring that you receive competitive rates and favorable terms on your home equity solution. Our goal is to make the process as financially advantageous for you as possible.

4. Transparent Communication:

We believe in transparent communication. We explain all aspects of your chosen solution, ensuring that you have a clear understanding of the terms, conditions, and obligations associated with resolving your property tax arrears.

5. Fast and Efficient Service:

We understand the urgency of addressing property tax arrears. Our streamlined application process and efficient service aim to get your funds approved and disbursed as quickly as possible, providing you with the timely relief you need.

6. Aftercare

We not only help you get back on track but we keep in contact with you as time passes. Our team is dedicated to keeping you informed and up to date on interest rates, mortgage products and much more.

Take the First Step To Stop A Potential Tax Sale

Don’t let property tax arrears threaten your home and financial stability. At, we are dedicated to helping you leverage the equity in your home to pay off property tax arrears and secure your future. Take the first step towards financial freedom by contacting us today. Our team of experts is ready to guide you through the process, offering personalized solutions that align with your goals and aspirations.

Your home is your sanctuary, and we believe that everyone deserves the peace of mind that comes with financial stability. Let us help you protect your home and build a brighter future. Reach out to and embark on your journey towards a debt-free and secure tomorrow.

Property Tax Arrears Solutions FAQS

Below you find some of the questions we often get asked by our clients who have been faced with property tax arrears and needed assistance just like you.

No. If you have received notice of a tax lien there is still time to take the necessary steps to save yourself from any further ramifications.
If you have an outstanding balance on your property taxes; interest will continue to accrue daily until the balance owing is brought into good standing.

There are several financing solutions that we can help you explore to catch up on past-due property taxes. No matter your credit score or income, we can uncover a variety of short and long-term solutions to help you get back on track. If you want to learn more about your options, consult with one of our mortgage specialists today.

Yes. While putting everything into one mortgage gives you one simple payment, sometimes it may make sense to look for alternatives.
If you need to borrow from your home’s equity there are several options. Let us explore a few.
A man discussing what is a pre-approval in mortgage

Home Equity Loan

A home equity loan comes in handy when the unexpected happens. A home equity loan is separate from your 1st mortgage and is based on the equity in your home.

Home Equity Line of Credit (HELOC)

HELOC’s afford you the ability to borrow the funds that you need to pay off your property tax arrears and give you access to extra funds whenever you need them.