657 Financial tips and laws for today and tomorrow

Here are the best tips to lower housing costs and protect cash flow.

Tip 1:Check qualification for senior property tax exemptions

Research your state and county rules and check if age- or income-based exemptions can reduce your taxable home value.

Tip 2:Appeal property tax assessment

Compare the assessed value of our home with similar nearby properties, and file an appeal if your assessment appears inflated.

Tip 3:Apply for property tax deferral programs

If cash flow is tight, check out programs that will let you defer paying your property taxes until the home is sold.

Tip 4:Review your property tax bill

Check for errors in your property tax bill, like wrong data about square footage, features or ownership status.