Now is the time to file your Texas Homestead Exemption form if you closed on your home prior to January 1st. I like to remind people in the later part of January because hopefully you're done with your Holiday bills and you're starting to get your tax information ready.
If you own a residence in Texas, you may be able to receive a homestead tax exemption. According to the Texas comptroller's website, a homestead can be a separate structure, condominium or a manufactured home located on owned or leased land. Homestead tax exemptions exempt part of your home's value from taxation. To receive this exemption, you must meet certain criteria and complete required paperwork.
How Do You File for Homestead Exemption in Texas?
Applying for a general $25,000 homestead tax exemption is easy.
Go to the applicable site below (the county in which your home is located), click on Search Appraisals or Property Data Search.
Input your address or your name to find your property
Click on your property address
Click on the link to file your exemption online or to print and mail
Dallas- www.dcad.org
Tarrant- www.tad.org
Collin- www.collincad.org
Denton- www.dentoncad.com
Kaufman- www.kaufman-cad.org
Complete the application, answering all of the questions.
Complete online or mail in your application or bring it to your local appraisal district office. The chief appraiser in your district will process your application and will notify you when your homestead tax exemption has been processed.
You have until the end of April to actually file, but why wait until the last minute. Also, if you purchased your home this year, you CANNOT file until January 1st next year. You must wait until next year to file your exemptions.
It's good to do it as soon as possible so when you get your new Tax Assessment that first week of May, all your information will be correct.
There are many companies that will charge you a pretty penny to file the exemption for you. DO NOT PAY ANYONE TO FILE ANYTHING!! IT'S FREE!!
Visit our website www.mortgageprosus.com/TexasHomesteadExemption for information or call 214.945.1066
Richard Woodward, NMLS 217454
Your Local, Direct, 5 Star Rated Mortgage Lender
Office: (214) 945-1066
www.MortgageProsUs.com
Interlinc Mortgage Services, LLC., NMLS 205696
7711 San Jacinto Place, Ste 100 Plano, Texas 75024
Licensed by the Texas Department of Savings and Mortgage Lending (SML) Mortgage Banker Registration. InterLinc is an Equal Housing Lender. This is not an offer of credit or commitment to lend. Loans are subject to buyer and property qualification. Rates and fees are subject to change without notice. Link to RMLO Complaint recording instructions.
