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Northeastern Pennsylvania Scranton, Wilkes-Barre, Pocono area
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Old 02-25-2010, 10:26 AM
 
Location: poconos
76 posts, read 176,867 times
Reputation: 29

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We recently purchased a home and I just recieved this letter that says this parcel is being removed from the Homestead/Farmstead program.

What the heck is that? And what should I do?

Thanks..
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Old 02-25-2010, 12:40 PM
 
2,362 posts, read 5,140,230 times
Reputation: 1000
Quote:
Originally Posted by sheila48 View Post
We recently purchased a home and I just recieved this letter that says this parcel is being removed from the Homestead/Farmstead program.

What the heck is that? And what should I do?

Thanks..


Its a tax break

Fight it ,

find out why ..
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Old 02-25-2010, 01:20 PM
 
Location: PA/FL/UT
1,294 posts, read 3,254,386 times
Reputation: 530
Or more specifically, it WAS a tax break. Some how you purchasing it caused the property to be re-assessed and they pulled your homestead exception.

Was it a farm or did the person you bought it from have it in their family a long time?

Good luck.
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Old 02-25-2010, 01:24 PM
 
28,164 posts, read 25,305,403 times
Reputation: 16665
Is this what you are talking about?

‘There was a mistake made here’ | The Times Leader, Wilkes-Barre, PA (http://www.timesleader.com/news/_lsquo_There_was_a_mistake_made_here_rsquo__02-25-2010.html - broken link)
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Old 02-25-2010, 02:34 PM
 
Location: Dallas, PA
1,418 posts, read 3,584,329 times
Reputation: 602
Just call and ask for the application to have it reapplied. Homestead/farmstead does not pass with the property form owner to owner. Same thing happened when we purchased our home...we just called the tax collector, got the appropriate form, and submitted it and it got renewed.
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Old 02-25-2010, 03:32 PM
 
Location: Location: Location
6,727 posts, read 9,953,306 times
Reputation: 20483
Enya is absolutely right...The Homestead/Farmstead must be applied for by the current owner, that is as long as it is your principal residence...It doesn't apply to vacation homes...
Make sure you file an application ASAP to get the ball rolling, because it means a tax break on your County/Muni taxes...
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Old 02-25-2010, 04:58 PM
 
Location: poconos
76 posts, read 176,867 times
Reputation: 29
Oh, wow. Thanks so much everyone. I had no clue what it was about. Okay I will give them a call. it says March 1 deadline. Boy, they didn't give me much time did they?
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