November 2021 North Texas real estate stats are out and we’ve got the numbers! Our stats infographics include a year over year comparison and area highlights for single family homes and condos broken down by MLS area. We encourage you to share these infographics and video with your sphere.
Republic Title is proud to announce that it has made donations totaling $100,000 to six North Texas nonprofits who are addressing the needs in North Texas. The six non-profits receiving donations are: Bonton Farms, Carry the Load, Elevate Dallas, Genesis Women’s Shelter, Presbyterian Night Shelter, and Promise House.
“In this season of giving and in celebration of Republic Title’s 30th anniversary, we believe it is important to give back to the communities in which we live and work.” said Bo Feagin, President, Republic Title. “We are glad to support these outstanding organizations who are doing so much to address the needs of those in North Texas.”
For more information on these organizations and to donate directly to them, please read below.
Bonton Farms
Bonton Farms is an agricultural intervention driven by the mission to restore lives, create jobs and ignite hope in a once forgotten and neglected neighborhood with some of the most marginalized people.
Carry the Load provides active ways to honor and remember our nation’s heroes by connecting Americans to the sacrifices made by our military, veterans, first responders and their families.
Elevate Dallas’ mission is to build long-term, life-changing relationships with urban youth, equipping them to thrive and contribute to their community.
At Genesis Women’s Shelter it is their mission to provide safety, shelter and support for women who have experienced domestic violence, and to raise awareness regarding its cause, prevalence and impact.
Presbyterian Night Shelter is Tarrant County, Texas’ largest provider of services to residents who are experiencing homelessness, with a “housing first” approach designed to address root causes from a place of strength and stability.
Promise House moves youth in crisis toward safety and success through crisis intervention, emergency shelter and long-term housing, case management and counseling services, education services, advocacy and outreach.
Effective January 1, 2022, a Buyer may file for a homestead exemption immediately after closing if the Seller did not have a homestead exemption on the property for the current tax year.
For more important tax exemption information for new homeowners, please read below or download our Tax Exemption Resource.
Important Tax Exemption Information for New Homeowners
Exemptions are a form of tax relief that can reduce the taxable value of your property. Types of exemptions include:
Homestead
Over 65 years of age
Disabled individual
Disabled veteran
Agricultural
If you own and occupy your new home, it is your homestead and you likely qualify for a homestead exemption. This is the most common type of tax exemption.
When submitting an application for exemptions, you must submit a copy of your driver’s license. The address on your license must match the property address of the property you are filing the exemption for.
To apply for an exemption, the homeowner, in most cases, must be occupying the property as their homestead on January 1st of the tax year in which the exemption is granted. It may be possible to apply for an exemption sooner. Please reach out to your county appraisal district to confirm the date that you may apply.
It is free to file exemptions. The forms can be downloaded on the Central Appraisal District’s website for the county in which the property is located.