Wednesday, January 27, 2010

Want to Save Money? File Your Homestead Exemption


Here's an email I sent to all my clients recently. I was going to post this soon after said email was sent but then I got busy. I'm very important you see. Thus, I get busy from time to time. And when I say busy, I mean forgetful.


If you purchased a home in 2009, please read the following information on Homestead Exemptions that I copied from the Dallas Central Appraisal District website and applies to the entire state of Texas.

"A property tax exemption excludes all or part of a property's value from property taxation, ultimately resulting in lower property taxes. To qualify, the property must be designed or adapted for human residence and the homeowner must own the property on January 1 of the year application is made. The person claiming the exemption must reside at the property on January 1 and cannot claim a homestead exemption on any other property. If more than one individual (not a married couple) owns the property, each separate individual must make application if they reside at the property. Exemptions are allocated according to percent of ownership interest the applicant has in the property. The exemption application must be completed, notarized and include a driver’s license or social security number and date of birth."

If you have not already done so, please go to the relevant district website below where your property is located. For most of the websites you can search for your property and then click a link to print out a homestead exemption form. I have also included the phone numbers for each of the appraisal districts should need to contact them directly. And of course, you are always welcome to call me if you have any questions about the homestead and other exemptions.

Dallas Central Appraisal District
214-631-0910
www.dallascad.org

Collin County Appraisal District
469-742-9200

Tarrant County Appraisal District
817-284-0024

Denton Central Appraisal District
940-349-3800
(The Homestead Exemption application link is at the bottom right of the Home page)

2 comments:

  1. Great information you have posted. Thanks for the information.

    Paula M

    ReplyDelete
  2. Thanks for the info

    Ivan T

    ReplyDelete