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Homestead Form

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hello my name is sonia trevino and i'm with the houston homes legacy group i am a real estate agent in the state of texas and i am located in the area of the woodlands spring and conroe areas today i am here to talk to you about a great benefit that is provided to us by the state of texas and that would be your general residential homestead exemption so what is the general residential homestead exemption this exemption allows you to take a discount on your property taxes so for example if the county has evaluated your property at 200 000 and the discount that you qualify for depending on your county and your schools is let's say 20 so you get 20 off the 200 000 which is 40 000 that you would be discounted so in this case you would only pay taxes on 160 000 value on your property so now i'm going to go in and show you step by steps how you too can take advantage of this great discount that the state of texas has allowed us as homeowners to qualify for i will be s

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