This exemption will save you about $7,000 on your property taxes.
I recently had a client call and ask me about the homeowners exemption on their property taxes. It turns out that they had not filled out the form and sent it back into the county, so they wouldn’t receive the exemption until they did.
When you purchase a home, you'll get a letter in the mail from the county that asks you if your home is your primary residence. It’s really important that you mail this card back in because then you will get a $7,000 exemption on your property taxes. You only have to fill this form out once while you own your home.
Ultimately, this ends up saving you about $70 per year. It may not seem like a lot, but it adds up over time. To get this exemption, you need to send in the form. If you haven’t sent it in or you’re not sure if you did, take a look at your property tax bill. If you have any other questions, I’d be happy to help you.
If you find that you do need to fill out your homeowners exemption, I’ve included the forms for you here for L.A. and Orange counties:
If you have any other questions for me, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.
