After closing, some things need to be done. 

  1. Make copies of documents and store them in a safe place.
  2. Change or re-key locks.
  3. Update keypads.
  4. Start a home maintenance list.
  5. Alert vendors of the move.
  6. Research tax deductions and discounts, such as homestead exemptions, as explained below.

What is a homestead exemption?

 Homestead exemption is a constitutional guarantee that reduces the assessed value of the residential property up to $25,000 for qualified permanent residents. 

What is the additional homestead exemption?

Amendment 1, passed in January 2008, provides for an additional homestead exemption of up to $25,000 to homeowners whose homes have an assessed value of more than $50,000. This additional exemption does not apply to the school board millage.

 

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