Monday, January 29, 2018

The Homestead Exemption Can Save You Money

Today we’ll give you a couple quick predictions about the 2018 market to come, as well as a great tip that can save you money on your tax bill.

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We hope your 2018 is off to a good start! Here at the Lancashire Group, we have a very positive outlook for what’s to come this year. Today, we’re going to give you a quick rundown of our predictions for the 2018 market, as well as a good tip for how you can save money on your property taxes.

Based on what we’ve seen so far, demand remains incredibly strong this year. Interest rates remain at historic lows, although we have been told that they will be going up as we get closer to the springtime. Given the demand, it’s a great time to sell your home, and because of the rates right now, it’s also a great time to buy. Take advantage of the low interest rates before they begin to rise.

Those that qualify for the homestead tax exemption can save up to 20% on their tax bill.

If you were lucky enough to have purchased your home last year, we have a great little tip for you. The following are the links to print and fill out a homestead tax exemption form, which you can then mail to the address listed at the top of the form: Travis County, Williamson County, Hays County and Bastrop County.

As a reminder, those that qualify for the homestead tax exemption can save lots of money—up to 20%—on their tax bill.

If you have any more questions about the homestead tax exemption form, buying, or selling in the Greater Austin area, feel free to reach out to us. We’d love to be your real estate choice this year.