Real Estate and Mortgage Industry News
By Tony Stevenson, SWBC Mortgage
New Texas homestead exemption laws are now in effect. The news rules affect those whose circumstances have changed: First-time home buyers, those who have moved, or those who have become eligible for a different type of homestead exemption, such as turning 65 or becoming disabled. Applicants for new or different exemptions ,must provide a copy of their Texas driver’s license or state issued identification cars or a copy of their vehicle registration receipt. The addresses on those documents must match the home on which the exemption is being sought. Those with existing homestead exemptions will see their tax discounts renewed automatically. All this in Sunday’s S.A. Express News.
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