Nationwide Property Tax Data
Black Knight offers a comprehensive suite of tax solutions that helps mortgage, real estate, risk, and capital markets professionals reduce the costs and challenges associated with procuring property tax data. From prequalification to closing, and throughout loan servicing, the Black Knight Property Tax suite supports the entire real estate and mortgage life cycle.
FAST, ACCURATE, DEPENDABLE
Black Knight’s nationwide property tax data provides information – directly from the source – from taxing agencies, including state, county and subagencies. In addition, the data is refreshed on a regular basis so clients receive reliable, up-to-date information.
Quick turnaround times
Current and delinquent taxes
Comprehensive information
Experienced customer support team
Flexible and customizable solutions to meet business needs
Easy access and order submission
Flexible delivery options: batch, web portal, XML, Empower, TitlePoint® and 3rd party platforms
ONE-STOP SHOP FOR PROPERTY TAX SOLUTIONS
Black Knight offers comprehensive solutions across the real estate and mortgage lifecycle to meet specific business needs.
Tax for Loan Estimation
Helps lenders more accurately estimate property taxes to prequalify buyers and fund escrow accounts.
HIGHLIGHTS
- Identifies all applicable taxing agencies
- Determines the most accurate, effective method of estimating taxes, based on geography
- Helps reduce the risk of penalties and errors
- Enhances the borrower experience
Tax for Closing Disclosures
A nationwide, TILA-RESPA-compliant tax calculation solution that provides accurate tax bill amounts at loan application and closing. Includes a unique solution for Prop 13 in California. Integrates with Black Knight’s Empower® loan origination system.
HIGHLIGHTS
- Provides current taxes, new taxes and supplemental taxes
- Helps lenders establish correct escrow amounts for closing
- Enables more accurate debt-to-income ratios to be calculated
- Increases employee efficiency by reducing rework
- Helps improve borrower satisfaction
Tax for Title and Settlement
Identifies properties with delinquent taxes, even if the obligation has been sold to a third party or is on a non-escrowed account. Helps provide the information needed during title and risk mitigation processes.
HIGHLIGHTS
- Identifies delinquent amounts, due dates, payment status
- Provides payment instructions and special handling details
- Specifies delinquency severity and how quickly the obligation could be lost to auctions
- Provides historical information on delinquent taxes and liens
- Uncovers third-party purchased tax liens and municipal tax liens
- Includes taxing agency contact information
- Includes limited liability coverage (only applies to Tax for Title & Settlement product)
INTEGRATES WITH BLACK KNIGHT’S INDUSTRY-LEADING TECHNOLOGY SOLUTIONS
Black Knight’s nationwide property tax data is integrated with Empower and TitlePoint to seamlessly integrate into existing workflows and enable faster and more efficient access.
Texas Property Tax Information and Certificates
- Real Property Tax Information and Tax Certification
- Current and Prior Year Tax Amounts, Payment Status, Calculated Payoffs
- Up-to-Date, Comprehensive with Real-time Updates
- HOA Data and Research Services
- Standardized Reporting for all Texas Tax Agencies
Property Tax Solution Summary Comparison
| Tax for Loan Estimation (TLE) | Tax for Closing Disclosure (TCD) | Tax for Title and Settlement (TTS) | |
|---|---|---|---|
| Nationwide coverage for all tax agencies | ✓ | ✓ | ✓ |
| Tax agency detail (address, phone, dates, etc.) | ✓ | ✓ | ✓ |
| Estimated tax amount | ✓ | ||
| Estimated tax amount – Confidence Score | ✓ | ||
| Estimated tax amount – Description (estimation method) | ✓ | ||
| All tax ID/parcel numbers | ✓ | ✓ | |
| Assessed value detail | ✓ | ✓ | |
| Current year tax detail | ✓ | ✓ | |
| Delinquent prior year tax detail | ✓ | ||
| 3rd party tax lien detail | ✓ | ||
| Delinquent severity level | ✓ | ||
| Payoff amounts for delinquent taxes | ✓ | ||
| Payment details for paying delinquent taxes | ✓ | ||
| Mail-to information for paying delinquent taxes | ✓ | ||
| Payment letters for paying delinquent taxes | ✓ | ||
| Special documents for paying delinquent taxes, when applicable | ✓ | ||
| Liability coverage | ✓ | ||
| CA Prop 13 solution | ✓ | ||
| Collect at closing amounts | ✓ | ✓ | |
| Optional water and sewer | ✓ | ||
| Optional 24 month historical tax payment search | ✓ |