New home in 2013? Don’t forget to file for Homestead Exemption!

It’s easy! Doesn’t take very long! And it will save you money! It’s your homestead exemption. If you bought a home in 2013 and lived in it as of January 1, 2014, then you are probably eligible for this tax break. But hurry, the deadline to apply is fast approaching.

Emily Freeman of Keller Williams Realty Peachtree Road has been working with clients in all parts of the metro Atlanta area, helping them to either find or a sell home – sometimes both. Although, this relationship doesn’t end at the closing table, it’s an ongoing process. A key part of this relationship is being available for clients after they are in their new home. What better place to start than to help them save money?

Here are a few tips on how to apply for homestead exemption:

What is it? Homestead exemption is a way to lower the amount of property tax you pay on your primary residence. This bill is due once a year and it based on the value of your home. It’s also important to note that as long as the home continues to be your primary residence, you only need to file for homestead exemption once. If you bought your home years ago and already received a homestead exemption, then you don’t need to take any action to continue receiving it.

How much will it save me? The exact amount varies from county to county, but overall, the exemption will reduce the total assessed value of your primary residence and subsequently lower the amount of property tax you owe.

Who can file? It’s best to check with each county for the details, but generally speaking, the exemption requires that you own the property, lived at the property as of January 1st and are a legal resident of that county.

When is the deadline to apply? In order to receive the exemption for this year, the homeowner must apply for it on or before April 1st. You can still apply after April 1st but the application will only be considered fort the next year.

How can I apply? The homestead exemption process is conducted through the county where your primary residence is located. Included below are links to counties where Emily Freeman has recently sold a home:

As always, if you are interested in discussing real estate opportunities, or just have a question about your current home, please contact Emily Freeman of Keller Williams Realty Peachtree Road.


Emily Freeman
Keller Williams Realty Peachtree Road
(c) 770-366-8876
(o) 404-419-3500
(f) 404-419-3501

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