Unlocking Savings: The Hidden Benefits of Homestead Exemptions and Save Our Home Assessment in Florida"
By Etta Carter Are you enjoying the sun-soaked beaches and tax-free living in Florida? Beyond the obvious perks, there's a little-known treasure that could be saving you a fortune – Homestead Exemptions and the Save Our Home Assessment Limitation. Let's dive into how these two powerful tools can put more money back into your pocket. Picture this: You've just closed on your dream Florida home, basking in the glory of zero state income taxes and the promise of everlasting sunshine. As a seasoned realtor, let me share a secret – applying for homestead after closing is like finding gold in your backyard. Once the ink dries on your closing documents, the real estate deed is transferred to you. Pro tip: If you receive a sketchy letter demanding payment for your deed, toss it out! Your transfer deed is free, and if it's taking longer than 12 weeks to arrive, give your real estate agent or the title company a shout. Now, here's the golden nugget: Apply for homestead once yo...