LERETA News

Vendor Launches Comprehensive Additional Parcel Search Solution

LERETA, a national real estate tax and flood service provider, has launched its Additional Parcel Search Solution, a proprietary new solution that materially improves identification of additional parcels at the initiation of tax service. This solution reduces portfolio risk associated with penalties and interest and potential loss at tax sale. READ MORE

New Approach To Tax Services Minimizes Servicers’ Risk

LERETA Additional Parcel Search

LERETA, a national real estate tax and flood service provider, has launched its Additional Parcel Search Solution – a way to improve the identification of additional parcels at the initiation of tax service, thereby reducing portfolio risk. READ MORE

New LERETA Data Finds Southern, Central States Have Highest Number of Unassessed Properties

COVINA, Calif. -- Louisiana, Alabama and Kansas top the list of states with the highest percentage of properties with a zero tax bill, according to recent data from LERETA, a leading national real estate tax and flood service provider. There are several reasons for this situation, including a significantly low property assessment, publicly owned property or forgiveness of property tax for other reasons. Read More

 

LERETA Partners with ReverseVision, Integrates Services into RV Exchange LOS

Strategic alliance enables LERETA to expand its presence in the reverse mortgage space

COVINA, Calif. -- LERETA, a leading national real estate tax and flood service provider, has partnered with ReverseVision, a driving innovator in the reverse mortgage industry, to integrate LERETA’s property tax and flood data services into ReverseVision’s RV Exchange (RVX) loan origination system (LOS), broadening LERETA’s presence in the reverse mortgage market.

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Who Pays The Highest Property Taxes?

July 26, 2016/ in Market Analysis / by Tony Garritano

Property owners in the Manhattan borough of New York have the highest average property tax bills in the country, according to recent data from LERETA, a leading national real estate tax and flood service provider. Using property tax data collected from January 2015 to April of this year, the average bill in that borough was $95,729 and the median was $11,363. This information includes the influence of commercial property, which includes the business district, hotels and tour attractions. The Bronx was a distant second with an average bill of $12,243.

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New York Borough Has Highest Property Tax Bills

COVINA, Calif. -- Property owners in the Manhattan borough of New York have the highest average property tax bills in the country, according to recent data from LERETA, a leading national real estate tax and flood service provider. Using property tax data collected from January 2015 to April of this year, the average bill in that borough was $95,729 and the median was $11,363. This information includes the influence of commercial property, which includes the business district, hotels and tour attractions. The Bronx was a distant second with an average bill of $12,243.

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LERETA Signs 47 New Clients for Tax, Flood Services

National service provider welcomes new credit union, mortgage clients

COVINA, Calif. -- LERETA, the leading national real estate tax and flood service provider, has added 47 new clients during March, April, May and June. These companies include traditional mortgage lenders, community banks, credit unions and reverse mortgage lenders, among others.

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