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Homestead Exemption
The House You Own And Call Home
The Texas Comptroller website defines homestead as a separate structure, condominium or a manufactured home located on owned or leased land, as long as the individual living in the home owns it. A homestead can include up to 20 acres, if the land is owned by the homeowner and used for a purpose related to the residential use of the homestead. Homestead exemptions can be submitted between the dates of January 1st and April 30th every year.
Many homeowners do not realize that the homestead exemption is free, and the application can be easily filled out. For more information on a homestead exemption in the state of Texas, I highly recommend you visit the comptrollers website. Texas Comptroller
Some homeowners who temporarily move away, can still be eligible for their homestead exemption. Other tax exemptions such as those for individuals over the age of 65 and disabled individuals are available too.
You can also visit the resources page on my website for more information and links. Resources
Housing Market Update
Strong Market, Weak Inventory?
Many things in life are based on an opinion, even facts. Data and reports area crucial in realizing the reality, and what is happening all around us. According to the attached article from this past weekend in the San Antonio Express News, we’re running out of homes in San Antonio!
In always keeping my glass half-full, I like to believe there’s an ideal home for everyone, if you’re motivated enough to actually look. This past weekend, I met a new client, viewed just over a dozen properties, found one he likes, and we’re now under contract. He’ll be resting in his new home in a few weeks, and you can too.
I love a sweet challenge, and working with buyer’s is something I take pride and enjoyment in. Drop a pin, anywhere on the map of San Antonio, and we can start a new search.
Click the link: San Antonio Express News Article
Committed to help,
JJ
