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Old 11-07-2012, 06:00 PM
 
6 posts, read 8,064 times
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Quote:
Originally Posted by Trbl39 View Post
About how much does Homestead save you per year on a home assessed at 100,000? Also I understand if you are a widow/er you get an additional amount. I was reading up on it but didn't know if the widow exemption gives you $500 off the assessed value of your home in addition to the $25,000, or if it gives you an additional $500 per year off your taxes.

I know you have to be a permanent resident to get Homestead, so if you snowbird for a year or two, then become permanent what happens/ do they re-assess (sp?) your home every year and then once you are permanent and do homestead it can't go up more than 3%?

Thanks ppl for reply

@Trbl39, I have two exemption, homestead and widow. I bought this house in 2010, in that year I paid full amount $2,114 then in 2011 I paid $1,580.
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