If you purchased a home last year, the closing attorney would have made reference to you filing for your Homestead Exemption in the new year following your purchase. In addition to this, when you are of retirement age there is likely to be a seniors exemption that you can apply for, giving you a further reduction on your property tax bill.
Please check with your county Tax Assessors’ office for the correct forms to file. As a Real Estate professional, I remind my buying clients about claiming their Homestead Exemption within the first couple of months of the new year after their home purchase because it is a property tax break you should not leave on the table, providing the property is your primary residence.
Homestead exemption applications are due by April 1 for the current tax year. The link below provides information including:
- How to determine if you’re eligible for a Homestead Exemption
- What information you’ll need to provide
- How to contact your county tax officials