Any attempt at denying property owners access to tax lien transfers will not eliminate demand for market-based tax assistance; it will merely push them into an expensive delinquency process.
HB 2832: Reducing Access to Capital for Texas Homeowners
Texas should not limit homeowners’ access to capital through tax lien lending by imposing new notification requirements. Consumers benefit from tax lien lending by being able to work through tough economic times. Governments benefit from tax lien lending because they receive tax payments in a more timely fashion. Even mortgage lenders benefit from tax lien lending...