LIGHTS, MOON, EXEMPTIONS!!!

Ever wondered how to make sure the lights are placed right on a tree?  Just step back about 10 feet and squint and all the "holes" appear.  Also, start stringing the lights from the bottom up to make sure you can make the electrical connection!!!!!

Get ready for the longest day of the year and a special surprise. December 21st will be the Winter Solstice and we will also experience a total lunar eclipse sometime after midnight.  Though the winter solstice lasts only an instant in time, the term is also colloquially used as midwinter or contrastingly the first day of winter to refer to the day on which it occurs.

PLEASE BE AWARE!

The Marion County Auditor's office is researching Marion County properties for homestead exemptions that are not owner occupied. If you own RENTAL PROPERTY which is being given a HOMESTEAD EXEMPTION please be aware of the following. You should correct them immediately to avoid being charged a penalty and possible back taxes. People found guilty of homestead fraud will charged up to THREE YEARS back, plus penalty.

As always, if I can ever be of help or answer any questions, be sure to give me a call!!!  590.7700.


 

’09 Property Tax Bills are Coming!

The Marion County taxes have been certified. Tax bills are scheduled to be mailed out on June 12th with a due date of July 9th. Your tax liability will be available for review on June 12th on the Marion County Treasurer’s website.
http://www.indy.gov/egov/county/treasurer/Pages/home.aspx

Accompanying the newly formatted bill will be a new state-required form which provides a comparison of taxes between the prior and current cycle. If you believe your assessed value is too high, you can appeal the value. Most appeals are filed with the Marion County Assessor, but it is recommended that you talk with your Township Assessor before filing an appeal. The local Township assessor may be able to answer questions that will help you determine whether an appeal is appropriate. You can find contact information to your local assessor under FAQ’s (under property taxes tab) on the above website.

Most tax bills will be mailed to your mortgage servicer to be paid out of your escrow account. If you are one of the many people affected by a negative escrow balance due to the property tax issue, be sure to contact your mortgage lender and request that your escrow account be analyzed.

Hopefully this will bring us a step closer to figuring out tax escrows at closing real estate transactions. If I can answer any questions for you, please give me a call. We can be confused together!