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Updated 17 days ago on . Most recent reply

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Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
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5,148
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Over65 Property Tax Options.

Bruce Lynn#2 Real Estate Agent Contributor
  • Real Estate Broker
  • Coppell, TX
Posted

In Texas from what I understand if you are over 65 or disabled you can defer property taxes in certain circumstances.

Will most or some mortgage companies allow this?

Client is over 65 and not able to make current monthly payment.  

Trying to find options to reduce expenses to keep them in the current home.

They could probably pay PI & I if they could waive the taxes.

We do understand the taxes will be owed at some point by someone.

Just wondering how mortgage companies look at it or if they would allow.

@Andrew Postell
@Chris Seveney 

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