Homestead Exemption in Bexar County

Real Estate Agent

Homestead Exemption in Bexar County New Homesteaad

If you purchased your home in the calendar year of 2010, you should begin to experience a new stream of junk mail in your mailbox trying to sell you the service of registering your homestead with the County.

Old HomesteadWhat they don't tell you in the mail-out is you can do it yourself for free.   

The history of homestead law in Texas goes back to the desire to protect women and children from the dangerous activities of their men, whether it be the possibility of mortality in war or gambling while intoxicated.  Originators of these laws believed women and children shouldn't be threatened if they lost their breadwinner in battles for freedom and justice...or acts of stupidity. These protections have endured since the mid 1800s and we hope you take advantage of them.

Qualifying for the Homestead Exemption in Bexar County for your home is easy:  Own the property, be able to identify yourself and the property, and follow the simple form instructions.  There are some restrictions, but most urban dwellers live on ten acres or less, so that's good. Rules differ for urban and rural life and as to how the land is used. There are also rules for businesses and developers. For the purpose of this post, we are discussing urban residential homesteads.

1. The first step: Download the forms.  This used to be harder before the Internet, which is why entrepreneurs offering this service did so well. These days it's easy. Just click this link and print the forms and instructions, only four pages.

2. The second step:  Complete the form and mail it to the appropriate address.

3. Mark your calendar and followup by March 15:  Make sure they got the mail and that the job got done. Not every clerk in every government office or service does their job accurately or effectively all the time.  Remembering to do this is probably the hardest part, but it's important.  

Applications for Bexar County Homestead Exemption are acknowledged on-time from January 1 to April 1 of the year following the purchase of the property.  After April 1, they are considered late.  And there is a deadline after which you will not be allowed the exemption or homestead designation.  There is a definite time limit so get it done!

Homesteading your property is worth a lot, especially in Texas. The protections of homestead are not offered in every state in the United States. For example, New Jersey offers no homestead protection at this time. There is a wide variety of applications of the practice of homestead law; however, homestead exemption in Bexar County and Texas has some of the strongest protection in all the United States.Save Taxes

1. Protection from creditors, except the mortgage owner and tax man.

2. Protection for a surviving spouse.

3. Reduced property taxes, varying by County.

Any questions? Give us a call! We can point you in the right direction.


Comments (0)