As a real estate agent I usually attend my buyers and seller closings. When I am working with buyers from out of state, new buyers etc. I always make a point of mentioning the Florida Homestead Exemption. This is a great advantage for Florida residents and something which not all states offer.
I am not going to go in to detail about the benefits as the article below from Wikipedia gives a much better insight.
https://en.wikipedia.org/wiki/Homestead_exemption_in_Florida
Orange County
https://www.ocpafl.org/exemptions/hx_file.aspx
Osceola County
https://ira.property-appraiser.org/homestead/WebForm1.aspx
Lake County
https://ira.property-appraiser.org/homestead/WebForm1.aspx
If buyers are buying and selling I will also bring up the topic of portability, by knowing about these benefits many buyers and sellers will be able to save dollars. That's always good to have additional funds to spend on other things, especially for home buyers.
I did a little research and found out that some people didn't know about these benefits or simply hadn't gotten around to filing the homestead exemption paperwork. There is a timeframe for filing and receiving the exemption.
If you know someone who has recently purchased a home feel free to share this information with them. It's important and could potentially save you thousands over the years you are living in your home.
OR
Text LBV1Q3Y to 87778, from your mobile device, in order for you to receive your Mobile Application.
Allister Lenn, PA
Broker Associate, Realtor, MRP, ABR.
Premium Properties Real Estate Services
Tel: 407-593-8234
allister.lenn@gmail.com
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