If it clucks, quacks, cheeps, peeps, crows, oinks, neighs, brays, barks, or meows, you can…
I’m dropping by today with two money-saving filing reminders for real estate buyers and sellers. Let’s call this a virtual house call. Opportunity is knocking!
Reminder Number One: Submit Your Closing Statement
If you bought or sold real estate property in 2023, submit a copy of the closing statement (with all closing statement numerical figures) to your accountant. There are often tax-deductible fees and expenses associated with purchasing or selling a home.
Reminder Number Two: File Homestead Exemption
Is your current home your primary residence? Make sure to file for Homestead Exemption. This exemption automatically saves you money on your assessed property taxes. The Chatham County Homestead Exemption also establishes a Stephens Day Value. Stephens Day Value locks in your property value and prevents yearly increases.
Here is a list of your area counties that offer Homestead Exemption. Take note that each county has its own set of filing requirements. However, all counties on this list have an April 1st filing deadline. Visit each county tax assessor’s website for complete filing details and start saving money on your property taxes.
- Bryan County
- Bulloch County
- Chatham County
- Effingham County
- Glynn County
- Liberty County
- Long County
- McIntosh County
- Tattnall County
Homestead Exemption and Property Tax Guide Link
Brannen Searcy & Smith LLP real estate attorney Joel Gerber offers a comprehensive guide explaining property value assessments and exemptions.
His detailed overview is available using this link Savannah Real Estate Lawyer File Your Homestead Exemption in 2024 | Joel Gerber
Attorney Gerber advises that the information he provides is general in nature. Individuals should check with their trusted financial advisors with questions.
One more reminder! Virtual house calls can be helpful. I also make in-person house calls. If you are considering buying or selling a property, let’s meet and discuss your real estate goals.