It’s that time of year again… Time to fill out your Homestead Exemption Forms.
A homestead exemption reduces taxes by lowering a home’s taxable value. All school districts offer a $25,000 homestead exemption, and some taxing units offer additional optional reductions for the homestead exemption.Homeowners can lower their property taxes by applying for these exemptions for which they are eligible.You must OWN your own home and occupy it as your principal residence on January 1.You can have only ONE principal residence and ONE homestead exemption. Homeowners who are sixty-five years or older on January 1 are also entitled to an over 65 homestead exemption with a minimum reduction of $10,000 for school tax purposes.
Click the corresponding link below to download forms for your county:
With low unemployment and relatively affordable housing, Austin is bes
"OMG. This was my wife and my first time buying a home together. We were far less educated in this process then we thought we were. As a result we were on pins and needles with the waiting game with the building inspection, the appraisal, the waiting for the CTC. Just all of it. So we were constantly calling Tammy Spracklen with question after question. She never lost her composure nor was she at any time less then the professional realtor that she is. We closed on our home and Tammy did not stop there. She gave my wife and I both a housewarming gift and called to see if we were doing ok with moving in and to let us know that she was still available to us should we have any questions or concerns in the future.
In other words we LOVE OUR REALTOR"