Mortgage Lenders need to know whether real estate taxes are owed and/or have been paid on mortgaged real properties. Nonpayment of taxes can lead to foreclosure of tax liens and can cause lenders to lose their interest in the mortgaged property. Therefore, real estate taxes should be monitored on all loans. Below is a flow chart that shows how Vassen P.C. works with the Lenders as well as the County to provide quality Tax Services.

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Tax Flow Chart

1.

Data on mortgage by tract or parcel numbers
2. Data from counties to be analyzed and summarized
3. Reports to Lender


 

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