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In response to
"can someone explain how the whole homestead act thing works for first time home buyers? supposedly i apply and it lowers my payments/taxes? -- nm"
by
colin
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This stuff varies by state. The 'homestead exemption' is what TX calls there
Posted by
ty97
Aug 26 '14, 13:11
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My recollection is that you just need to file your exemption when/if you are eligible and it should reduce your property taxes a little. (But it's been a long time since I owned a home in TX and I don't remember the exact rules)
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Responses:
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