Blog Category: Resources – English – Casa Royo


Markets in a minute…

By peperoyo,

Hello everyone,
Courtesy of City Bank, here is a weekly report with the market information; “Markets in a minute” is relevant information that may help you in your decision making while deciding to get a mortgage or refinance.
Please take a minute to check it out, now is good time to make an investment in Real Estate as the rates are at an all time low. Call us if you want to discuss the market, we are here to help.
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  Filed under: Market Trends, Resources - English - Casa Royo
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HOMESTEAD EXEMTION

By peperoyo,

Hello, I hope that everybody is doing well and staying safe. It is the beginning of the year and I want to take de opportunity to talk to you about Homestead Exemption.

As a homeowner in Texas, you are eligible to apply for a tax break from property taxes on your principal residence called a Homestead Exemption. Homestead Exemptions remove part of your home’s value from taxation, so they lower your taxes. Currently, the homestead exemption for school taxes is $25,000.

You may apply to the appraisal district up to one year after the date you become age 65 or qualify for disability, or up to two years after the taxes are due, whichever is later. If your application is approved, you will receive the exemption for the entire year and for subsequent years as long as you own a qualified homestead.

You may qualify for a homestead exemption if:

  • You owned the property on January 1st.
  • You occupied it as your principal residence on January 1.
  • You or your spouse do not claim a residence homestead exemption on any other property.
  • Have a valid Texas Driver’s License or Texas ID with the property address.

For more information please review the attached document or click on the link below:

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Casa Royo Team
PPR Real Estate Investment Services

  Filed under: Real Estate Finance, Resources - English - Casa Royo
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