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New Tools Address CA Lien Problems.(Alliant Information Services)(Brief Article)
Alliant Information Services, a member of the California Mortgage Bankers Association, has developed two new tools to help mortgage bankers and other real estate professionals solve problems caused by property taxes and assessment liens in the state of California.
"California's complex property taxes have long been a problematic part of real estate transactions in this state. Property taxes can change dramatically after transfer, especially given the strong real estate market of the past several years," said Jeanne Klimowski, research director of Alliant Information Services.
"If supplemental tax bills and future taxes are more expensive than planned, the added cost may make the property unaffordable to the buyer, or create problems related to underfunded impound accounts. By knowing specific property tax requirements upfront, risks are minimized for all parties."
The company's tax bill estimation report uses the same methodology that counties ...
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Source: HighBeam Research, New Tools Address CA Lien Problems.(Alliant Information...