Property tax law can be complicated to understand and manage, but with 35 combined years in the tax lien industry, National Real Tax Tracking stands up to complex tax challenges with a streamlined solution for vendors of all types. From verifying the accuracy of tax parcels and property addresses, to escrow reporting and payment facilitation, the company’s Comprehensive Tax Tracking is a solution that can handle any property tax management problem.
“NRTT’s services are designed with the banker, lender, servicer and investor in mind, making us a one-stop shop to eliminate the stress and inconveniences associated with property taxes,” said Kelly Hebert, chief strategy officer.
Working with clients of all different types and regions has given NRTT the opportunity to learn about different operating and servicing systems, and the company has used that experience to leverage technology integrations that can fit within a wide variety of custom needs.
“Innovation is never a one-size-fits-all approach for our team,” Hebert said. “We thrive on the challenge of removing manual data entry and duplicate efforts that result from a client working with limited technology resources and an off-the-shelf product.”
NRTT was formed in 2010 after executives of a privately held tax lien investment firm realized that banks who were lending them the money to purchase liens were at risk of losing their collateral and assets to a tax sale. NRTT uses real-time research, expert in-depth knowledge, and superior research capacities to develop critical property tax management tools for all clients, including Comprehensive Tax Tracking.
NRTT takes a proactive approach to property tax management and is focused on teaching bankers how to prevent and manage delinquent taxes, as well as alert them to the risks of unpaid property taxes.
Monthly reporting ensures that tax bill amounts are known in advance and NRTT gives clients accurate and up-to-date information at their fingertips to contact the borrower or owner for resolution.
“Our knowledge of the silent dangers in property taxes is unmatched and illustrated by our 100% client retention,” Hebert said.
The NRTT team understands what delinquent taxes mean to the lender, the servicer, the business owner, the homeowner and the county. Knowing the hidden danger that taxes pose in a portfolio of real estate and what the earliest sign of a delinquency means for a borrower’s financial distress are crucial to serving its clients.
“Data fuels our economy, but what the market lacks in something as complicated as property tax law is understanding the story behind the data, the red flags, and the trends that raw data cannot illustrate in an excel file,” Hebert said.
“All this understanding means that there is not a single tax problem or delinquency that is going to be a surprise for our team. Our knowledge translates to decades of experience, consultative feedback, and accurate reports that forge a relationship of trust in our vendor/partner relationship.”
The NRTT solution is designed to hook seamlessly into a lender or servicer’s everyday routine to help make property tax management simple and headache-free.
“We eat, breathe, and sleep property taxes. Our passion stems from the confidence that we are providing the most accurate and technologically savvy property tax management product in the market,” Hebert said.