Property taxes are being assessed next year, so don’t wait – be proactive and protect yourself from a potential increase that could cost you. New Orleans recently got hit and many property owners were taken by surprise. Don’t let this happen to you.
At Mortgage Gumbo, we are ready to help now and get you prepared for a potential increase in your property assessment. And, this week we are addressing our Veterans.
The Veterans Freeze
This tax break freezes assessments on homes for those Veterans who qualify. To qualify, Veterans must be 50% or greater disabled through the VA. The Veterans Freeze freezes the principal value of their residence but does not prevent tax rates for going up or new taxes being applied to that residence. And unlike the 65 Freeze that only needs to be applied for once, Veterans must apply for the Veterans Freeze each year.
As always, we are here at Mortgage Gumbo to help and we are your total home authority, especially for those Veterans who have selflessly served our country. If you are a Veteran and have questions about the Veterans Freeze or other ways you can better prepare for the new property tax assessments contact me, Dwayne Stein at 985-612-1900 or at firstname.lastname@example.org.