Homestead Exemptions Georgia 2019 (Cut your Property Tax Bill💰)
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- เผยแพร่เมื่อ 8 ม.ค. 2019
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Thank your for your video, very helpful. Does fulton county let's do file it online or do I need to print the form and take it to tax commissioner's office?
You can apply online at fultonassessor.org/exemptions/
Thanks for watching!
@@ShaheedahHill Thank you!
Thank you! Just finished my homebuyers course and it spoke about homestead. I’m happy you had a video about this! I’ve been watching your videos throughout my buying process. We’re about 60 days out from closing on new construction. ❤️
That is awesome! Congrats!
Very informative!
Thank you for watching!
Thank you so much!
Thank you for watching!
Thanks for the information. Very informative. I was recently awarded 100% VA disability this month. Looking to become a homeowner soon.
Thank you for your service. That should save you a considerable amount depending on the county.
Great video
Thanks!
Mrs. Hill, could you do a video on how to assess the decision on the Homestead exemption? Basically, reading the paperwork ... I filed & recieved the results but I can't distinguish the verbiage. Thanks in advance
You're the best!
Hey😄
@@ShaheedahHill hope all is going well Shaheedah we're working on the house. I took down a wall and put a new one up after waterproofing and putting new concrete in. Kate and I are doing the floors downstairs and I put in a movie theater 😁😁
@@BeastlyGamer your house is worth so much more now even in this short time period. It was a headache but well worth it... when clients come with that price point now... there is literally nothing! Can't wait to see it and that baby soon😊
Thank you for the video. I live in Houston county. Could I file online or print out a form and take it to the tax commissioner’s office?
I just bought a new construction home in Dallas, GA (Paulding County) and it was bought through the NACA Program. With COVID going on, would I be able to get a Homestead Exemption online? A friend told me that this is something that I need to do...then I stumbled across your video. Thanks for any help you can provide!
For Paulding you download the application on line and you can email it in or drop it off to the county tax commissioner. Would you be interested in doing a NACA video for my channel? Im trying to put one together for people who closed using NACA in 2020.
@@ShaheedahHill it’s crazy you asked that because I was debating on posting a video about the process! Yeah I think I should be able to (nervous)...
Hi Shaheedah, very informative video, two months before we bought our first primary home in Gwinnett county and I have applied homestead online, and now on county web site it shows that your application is approved for 2020. my property tax for 2018 is $ 3400 so what does mean that in 2020 my property tax will be the same or reduce. House mortgage is on me & my wife's name and we both are in the mid-'40s. Thanks
Good morning and thanks for watching. Your tax amount should be reduced on 2020 now that the homestead exemption has been applied. But if you applied before April 2019 it should apply to this year. Call the Gwinnett County tax assessor to be sure.
@@ShaheedahHill Thank you for your prompt reply, my closing was mid of June 2019 and I have applied for homestead exemption in Jul 2019.
@@asimna Yes so since it was so recent, it will impact your 2020 taxes. Congrats on your new home!!!
Can you explain how does this affect the owners mortgage? If possible with an example trying to find info online but I don't see much. I applied as a disabled vet and got it but do I need to inform my mortgage company? Do they adjust the mortgage? Will I get money back or does it go in my escrow account etc.
Your next tax bill will be lower so they should adjust your escrow amount needed each month. You may not see immediate savings, until your new tax bill. Call your mortgage company because all servicers are different, but they usually adjust once a year.
Apply for all exemptions qualify for
Yes!
Hi Shaheedah. Thank you so much. For homestead exemption-my new build will be completed in October 2022.
If I apply for the homestead exemption by 12/31/2022-after approval, will it go into affect in 2022 or 2023?
Your application will likey not be official until the 2023 tax year because by Oct most properties have already been assessed, so you will get the exemption in 2023. However, if you are a senior and qualify for the senior exemption you can see if the closing attorney will use that estimate at closing for the lender. So check with the closing attorney and your county tax commissioners office.
@@ShaheedahHill Thanks Shaheedah, I will mention this during my closing to the closing atty. I hope he is open to negotiate this 🙂.
I'm a first-time homeowner and I closed on my home this year in January. When should I have applied for homestead or when can I apply 🤔.
You should apply now. The deadline is April 1st but dont wait
Thanks so much your on point. Can you make a video on homeowner credits and deductions in Georgia? Thanks
what if I just moved in my new home and did get deed until april 18th
You can still apply for it will likely not be in effect until 2022.
My mom & uncle both have land in macon county. They pay on it monthly & pay land taxes. Both are over 65. Would they be able to apply?
I think it has to be a primary residence but please check with the county tax commissioner to be sure. Let me know what you find out😊
@@ShaheedahHill Thank you so much. I will make sure & keep you posted!💞
I just asked my agent about this and she doesnt know anything about it. 🧐
Just call your county tax commissioner
What if you have 2 primary homes. Can you get homestead both?
No, only primary residence.
I just purchased my home in Georgia at 30, in Clayton county, would I qualify for this, or do I need to be a senior?
No you don't need to be a senior, just apply for the standard homestead exemption.
@@ShaheedahHill Great thank you!
I was just wondering if I could save money if my landlord files homestead exemption. I'm renting section 8.
Unfortunately, it only benefits the homeowner.
@@ShaheedahHill Ok thank you
@@ShaheedahHill I think what she was trying to say is if her landlord applies and the taxes go down will it trickle down making her rent go down as well. But I think shes forgetting that the landlord can set their rent for whatever as long as its fare.
@@shaniquejoe5108 That makes sense. Thank you for helping to clarify.
Hill Atlanta Real Estate Question: in the state of Georgia, does my name have to be on the deed in order to qualify for homestead exemption? The home is paid for. My name is currently on the deed and I am living in the home. I was thinking of taking my name off and putting another family members name on the deed. In this case, would I still qualify for homestead exemption?