I’m from your home sold guaranteed Realty. And to discuss the sale of your home, you can call 407-566-2555. I was going over our free report that we’ve got today. And the name of it is ‘13 Extra Costs to be Aware of before Buying a Home’. You don’t have to talk to anyone. You can just leave us your email address or address, and we’ll get it right off to you. The number is 833-535-8081 extension 1008.
If you are getting a loan, a lot of times, the bank wants a couple of months, in advance of the property taxes so when the time comes to pay, they have plenty of money, in the account to do that. That’s something that you definitely, need to be aware of. And just on a side note, on property taxes, if you are out there and it is December 12th today, and you’re thinking that, Hey, I might actually want to buy a house. One reason that people want to get it done in December and not in January, is because you’re going to get that homestead exemption if it is a house for yourself. If you’re a Florida resident and you’re going to be living in the house full time, then you get a homestead exemption, it makes it so that the property taxes can’t increase very much. It grandfather’s you into that price, that you’re purchasing the home at and
what the taxes are at that point in time. You get another $750 deduction roughly off of your property taxes as well. So it’s kind of a win-win situation. And in order to qualify for that, you have to be closed by the end of the year. Now, if you just miss it, you’re just going to miss it for the year of 2022. And you can still file for homestead, but it will take effect in 2023, if you close in January or February. And if you have closed at any point in the year of 2021 or previously, and you don’t have that homestead exemption, you can do it today. I believe the cut cutoff date is March 1st.
If you need help with that, we’re more than happy to help you if it is your own home, you should definitely take advantage of that because if the market increases, you’re not going to have to, pay the increased property taxes as if you were, not homestead.
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