Explains Homestead Exemptions

Homestead Exemptions!

Homestead Exemptions are Due by April 30th.Homestead exemptions remove part of your home's value from taxation. If you want to receive a homestead exemption for the taxes on your home, the home must first qualify as a residence homestead on January 1 of the year in which you are applying.There are two requirements: You must own your home on January 1. (If you are over...

Home Ownership: Down Payment Strategies

More options than you think! You’ve most likely heard the rule: Save for a 20-percent down payment before you buy a home. The logic behind saving 20 percent is solid, as it shows that you have the financial discipline and stability to save for a long-term goal like home ownership. It also helps you get favorable rates from lenders. But there can be financial benefits to putting down a small...