<style>
.embed-container {
position: relative;
padding-bottom: 56.25%;
height: 0;
overflow: hidden;
max-width: 100%;
height: auto;
}
.embed-container iframe,
.embed-container object,
.embed-container embed {
position: absolute;
top: 0;
left: 0;
width: 100%;
height: 100%;
}
</style>
<div class="embed-container">
<!--insert embed code here-->
<iframe allowfullscreen="" frameborder="0" height="270" src="https://www.youtube.com/embed/fKWgjeESJjw" width="480"></iframe>
<!--end-->
</div>
<br />
<div style="text-align: center;">
<i><b>Selling your home?</b> <a href="http://valuemyhometoday.com/">Get a free Home Value Report</a></i></div>
<div style="text-align: center;">
<i><b>Buying a home? </b><a href="http://realestatebysean.com/">Search all Homes for Sale</a></i></div>
<br />
<span style="font-size: normal;"><span style="font-family: "arial" , "helvetica" , sans-serif;">Around this time of year, people are always asking me questions about buying towards the end of the year. A lot of people have been asking lately i<span style="font-family: "arial" , "helvetica" , sans-serif;">f</span> there is a taxable benefit to closing on a home by the end of the year. <b>The answer is yes, and it’s called a homestead exemption.</b><br /><b><br />With a homestead exemption, you can get up to a $50,000 reduction on your home’s taxable value if that home is your primary residence.</b> Let’s use some numbers to give you a better example of what this means. Say you have a home that has an assessed value of $200,000. With the homestead exemption, your taxable value drops to $150,000. <b>This lower taxable value will give you lower property taxes if the home is your primary residence. </b><b></b></span></span><br />
<br />
<div class="separator" style="clear: both; text-align: center;">
<span style="font-size: normal;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><b><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4xHhGAnm6M-Wkq6psmlDNV3tfxNzE6pIHSKXPeNL1f0b_ShW_Wo_TLlB43T9zwpL_VtlRg6BlYJxHBcrCZAm5yaED3senCD1HsE6JrycCLHg3f2ycpQkR617Sd7Yzq8ogs9FE-qHu6og/s1600/11.17.15.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="110" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi4xHhGAnm6M-Wkq6psmlDNV3tfxNzE6pIHSKXPeNL1f0b_ShW_Wo_TLlB43T9zwpL_VtlRg6BlYJxHBcrCZAm5yaED3senCD1HsE6JrycCLHg3f2ycpQkR617Sd7Yzq8ogs9FE-qHu6og/s320/11.17.15.jpg" width="320" /></a></b></span></span></div>
<br />
<span style="font-size: normal;"><span style="font-family: "arial" , "helvetica" , sans-serif;"><b>The way it works, is if you purchase the home, close by December 31st and file on time and correctly, you will get that exemption for 2016, lowering your property taxes.</b> If however, you don’t close until after the 1st of the year, you will not be eligible for the homestead exemption until 2017, and you’ll have to pay higher property taxes for a year. <br /><br />If you have any questions about the homestead exemption, or anything else real estate related, give us a call or send us an email. We look forward to hearing from you!</span></span>
