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Tennessee official, citing property tax relief, notes more interest in reverse mortgages

Housing Wire

Homeowners have noted for some time that property taxes have risen precipitously, and this has the potential to heavily impact people living on a fixed income. Rutherford County trustee Teb Batey encouraged area seniors already seeking information on 2025 property tax payments to take advantage of the countys tax freeze program.

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Struggling homeowners often don’t understand escrow

Housing Wire

LERETA highlighted that 68% have experienced monthly mortgage payment increases due to rising property taxes and insurance premiums. LERETA also found that 49% of respondents would consider selling and moving if property taxes increased. Since 2023, 80% of respondents saw property tax increases.

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6 Ways to Make Property Taxes Easier for Homeowners

Appraisal Buzz

Escalating home values have driven up property taxes, leading to homeowner distress, making it more important than ever to help them understand and plan for these increases. These systems can handle common borrower questions related to property taxes, such as payment schedules or tax amounts due.

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Haven partners with Ownwell to streamline property tax monitoring and appeals

Housing Wire

Mortgage technology platform Haven is allowing its users to access property tax monitoring and protesting services. The New Jersey-based company has partnered with property tax service provider Ownwell , according to a recent joint announcement. Haven will also directly support homeowners during an appeal, if necessary.

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Re-thinking property tax reporting can help meet lenders’ need for speed

Housing Wire

As these companies examine critical operational workflows, the property tax reporting process often stands out as an opportunity for re-engineering. Digitizing Property Tax Reporting. Given there are over 22,000 tax agencies in the U.S.,

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Revolutionized financing: How Zillow empowers home shoppers with innovative tools

Housing Wire

Offering access to market-defining research and data Most shoppers review listing and pricing information through the Zillow platform, brokerage websites, or multiple listing services (MLSs). Users can enter a potential home price, down payment, interest rate, loan terms, property taxes, insurance costs, and homeowners association (HOA) fees.

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How lenders can improve property tax estimation processes to bolster borrower satisfaction

Housing Wire

Plaza Home Mortgage was no exception, as it sought to improve its property tax estimation process. This case study explores how the correspondent lender was able to reduce its property tax estimation time by upwards of 90% per loan by implementing CoreLogic’s Property Tax Estimator (PTE).