Friday, April 30, 2010

Tick Tick Tick Tick Tick Tick Tick Tick

Well the day that many first-time homebuyers have been waiting for is here: April 30, 2010. If you fit the bill for the first-time homebuyer's tax credit, you must have a property under contract my midnight tonight to qualify.

Separately, if you live in Houston and purchased a home in 2009, today is also the last day for you to file your homestead exemption for 2010. You may only have one homestead and you must have lived in the property on January 1. It's easy to fill out this form online.

And while homeowners still have through June 1 to file a protest on their property taxes, you might as well do it while you are on the Harris County Appraisal District website. It's simple to use the district's online iFile and iSettle systems. Here's a video to show you how. According to the district, 70% of homes were worth the same on January 1 of this year that they were last year, 30% declined and only 1% increased in value. Because not as many homeowners will protest this year, my guess is that those who do are more likely to be called in for a formal hearing, even if using iSettle. That's what has happened with my protest, but let me know how it goes for you!

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