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re: Homestead Exemption

Posted on 12/9/10 at 11:46 am to
Posted by cdl2006
SCP
Member since Nov 2007
312 posts
Posted on 12/9/10 at 11:46 am to
I forgot to declare homestead exemption when I moved into my house. I went to the assessors office and declared it after I received my bill. They just gave me a receipt that showed a portion was paid because of homestead exemption. They did not print out a new tax bill. Make sure you explain this to your mortgage company though. I attached my receipt to the tax bill showing a portion was paid when I sent it off, but the mortgage company paid the full amount. It took me six months to get the money back in my escrow account.
Posted by LSUKTR
Baton Rouge
Member since Nov 2005
1489 posts
Posted on 12/10/10 at 11:46 am to
Damn...I guess this is my reminder.

Bought in August and they mentioned I needed to go do that but said the papers wouldn't be at the courthouse for 6 weeks and I've been out of the country since then.

Will do ASAP next week when I get in.
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