Whenever someone takes a loan from the private or the institutional mortgage lenders, the loans are secured by a property. If the homeowner fails to protect all the property tax or the delinquent tax then it becomes a lien. You must understand that the property tax liens is now more essential than the mortgage loan. A lender will always want to hold his standing as a priority lien holder. The lender will always want to make sure that the property taxes are paid in a timely manner. This is where the real estate organizations comes to play. A real estate tax service contract is something that gives you assurance to the lender that property taxes are paid on time as long as the loan is not paid properly. The reo asset management is something that will help you out in finding out the best ways to get rid of all the hassle. 1. Impound services- Real estate tax service contract is something that will include an impound account for the homeowners. This is where the real estate ta