Tag Archives: New Home

Homestead Exemption

Wednesday, 12 February 2020 12:02
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What is it?  How and when do I file? 

We have the answers for you.

If you purchased real estate property in 2019 and occupied it as your primary residence on January 1, 2020, you are potentially eligible to file for a homestead exemption. 

What is Homestead Exemption? 
Homestead exemption is a discount on your real estate property tax bill for an owner-occupied principal place of residence.

Am I Eligible? 
If the property is your principal place of residence as of January 1, 2020, and you purchased last year (or any year prior), you are likely eligible to file for a homestead exemption with your county’s tax assessor’s office.

How much will it save me?
Savings vary depending upon where the property is located, but if you are eligible, you don’t want to miss the deadline for filing!  A Savings on your tax bill is a good thing!

The deadline for filing is April 1st of this year for all counties in Georgia.

The best place to get information regarding filing instructions is from your county tax assessor’s office. If you are in a city, you may have to also file with the city (i.e. Cumming, Milton, Roswell, Alpharetta, etc).

Below are some of the websites for tax assessor’s offices for this area –

Fulton County –

Click to access 2018-Guide-To-Homestead-Exemptions.pdf

Cherokee County –

https://www.cobbtax.org/property/exemptioninformationhttps://www.cherokeega.com/tax-assessors-office/homestead-exemptions/

Forsyth County –

https://www.forsythco.com/Departments-Offices/Board-of-Assessors/Homestead-Exemption

If your tax assessor’s website is not shown in the list above, a google search for your county’s tax assessor should quickly locate the necessary information for filing directions.

Congratulations again on your purchase and please let The Dinsmore Real Estate know if you have any questions about homestead exemption filings.

 

 

So, You’ve Bought an Imperfect House – Learn How to Deal With It

Saturday, 04 October 2014 00:36
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After months—and possibly even years—of planning, searching, and organizing, you’ve finally done it—you’ve signed the paperwork and left with the keys to your new home; however, unless your purchase is totally move-in ready, you’re just getting started.

renovation-businessIf you’ve decided to close on a house that could use a little bit of TLC, it’s important to understand the amount of money and effort it will take to make your home something you are truly happy with.  At the very least, a little paint will help spruce things up; however, in all reality, if there’s updating to be done, it may take more than a new color scheme.

Still, if this is your first house, it’s important to go into the process with realistic expectations about what kinds of time and money will be involved, as well as what you can reasonably expect for a final result.

To help you along the way, here are a few tips to make the process easier:

1.)  CAPITALIZE ON AN EMPTY HOUSE: While it may not be possible to delay your move-in date, if it’s even in the realm of possibilities, it presents a great opportunity to begin the transformation process without having to worry about getting your things covered with renovation dust.

2.) DON’T BE AFRAID TO ASK FOR HELP: In our individualistic culture, many of us feel that we have to deal with things on our own, but what’s the point of having friends and family if you can’t exercise a bit of reciprocity when you need a few extra hands?  When it’s time to paint, turn it into a fun party with food and drinks, and chances are good that no one will mind the work.

3.) RELY ON EXPERTISE: There are times when pride can be a good thing; however, if you’re not totally sure what you’re doing, it’s important to swallow it when you need to admit that you cannot get the job done without the advice of your local hardware pro.  Don’t be shy about asking questions—that’s what they’re there for!

4.) HAVE PATIENCE: Yes, renovating your home—especially when you’re attempting to do it on your own—takes work, but if you attempt to rush or try to go beyond your comfort level, you’re likely to make mistakes.  Don’t risk making bad decisions when a little patience would have saved you a botched design.

5.) ORGANIZATION, ORGANIZATION: When you’re attempting to leave your old home, move into your new one, and manage renovations, staying organized is clearly easier said than done, but it doesn’t mean it’s not extremely important.  To get started, make a point of keeping all of your receipts in one place, registering new appliances and electronics, and filing for rebates within the first five days of making a purchase.  It might be tempting to postpone these tasks in the chaos of getting settled, but all that will do is lose you money in the long run.

If you’re considering a move, I’d love to help you get things going.

Marie Dinsmore | The Dinsmore Team | www.dinsmoreteam.com | 770-712-7789