HOMESTEAD EXEMPTION:

The homestead exemption reduces a home's value by up to $25,000 for property tax purposes.

To qualify, the applicant must:

• be a permanent resident of Maine 
• the home must be the applicant’s permanent residence
• applicant must have owned a home in Maine for the twelve months before applying 
• application must be filed on or before April 1 with the municipality where the property is
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Some Highlights

• Buying a home isn’t just a transaction – it’s a journey. And, like any great adventure, having a solid roadmap makes all the difference.
• Each milestone is an achievement, from building your dream team to getting pre-approved, house hunting, and signing the papers on closing day.
• Your journey starts here.

Let’s connect so you have help every step along the way. Contact one of our Team Members at Cates Real Estate at 207-701-5600 or [...]