Laura Ray

Senior Loan Originator | NMLS: 1521656

Save Big: Florida Veterans' 100% Property Tax Exemption Explained - Liberty Mortgage Loans

Save Big: Florida Veterans' 100% Property Tax Exemption for 100% Disabled Veterans Explained

Attention Florida 100% Disabled veterans! Discover how you can save big with a 100% property tax exemption. Read on to understand the benefits available to you.

Attention Florida 100% Disabled veterans! Discover how you can save big with a 100% property tax exemption. Read on to understand the benefits available to you.

For many veterans in Florida, the cost of homeownership can be a burden, especially when it comes to property taxes. However, there's good news! The state offers a 100% property tax exemption for qualifying veterans with 100% disability rating, which can lead to substantial savings. This exemption applies to the full assessed value of the veteran's primary residence, providing significant relief from property taxes.

To be eligible for this exemption, veterans must meet certain criteria. Firstly, they must have served in the United States Armed Forces during a qualifying period of wartime, peacetime, or while on active duty. Additionally, the veteran must have been honorably discharged. For surviving spouses of veterans, they may also qualify if the veteran met the eligibility requirements at the time of death.

The benefits of the 100% property tax exemption are undeniable. Not only does it reduce the financial burden on Florida veterans, but it also allows them to allocate their resources towards other important aspects of their lives. From saving for their children's education to planning for retirement, this exemption can make a significant impact on a veteran's financial well-being.

If you are a Florida veteran, it's crucial to take full advantage of this property tax exemption. Doing so will require submitting the necessary documentation, such as proof of military service, proof of 100% disability rating, and discharge papers, to the local property appraiser's office. It's worth noting that this exemption applies only to the veteran's primary residence and not to secondary or investment properties.

In conclusion, Florida 100% disabled veterans have a valuable opportunity to save big with the 100% property tax exemption. By understanding the eligibility requirements and taking advantage of this benefit, veterans can alleviate the financial stress associated with homeownership. If you are a qualifying veteran, don't miss out on the chance to maximize your savings and secure a brighter financial future for you and your family.

TO SUPPORT LEGISLATION THAT GIVES MORE PURCHASE POWER TO OUR 100% DISABLED VETERANS, PLEASE GO TO THIS LINK TO LET YOUR LAWMAKERS KNOW IT IS IMPORTANT TO YOU. https://bit.ly/SB172-Support


About the Author: Laura Ray has 20+ years in real estate investment, mortgage lending, finance, and business growth & development. In addition, Laura is the FL State Advocacy Captain for the Association of Independent Mortgage Experts, a FL licensed Real Estate Agent, former IRS Enrolled Agent, and a Veteran advocate for legislative change. Her mortgage specialty is is self employed mortgage loans and she is one of the top mortgage brokers in Fort Myers and FL with one of the best Fort Myers mortgage companies. Laura has been featured and interviewed many times in Mortgage Professional America Magazine, Cape Coral Breeze, and NFM Neighbor.

Check out our free mortgage calculator


Fixed Rate

The most common type of loan option, the traditional fixed-rate mortgage includes monthly principal and interest payments which never change during the loan's lifetime.

Learn more
Adjustable Rate

Adjustable-rate mortgages include interest payments which shift during the loan's term, depending on current market conditions. Typically, these loans carry a fixed-i...

Learn more
Interest Only

Interest only mortgages are home loans in which borrowers make monthly payments solely toward the interest accruing on the loan, rather than the principle, for a specif...

Learn more
Graduated Payment

Graduated Payment Mortgages are loans in which mortgage payments increase annually for a predetermined period of time (e.g. five or ten years) and...

Learn more
* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.
Laura Ray picture
Laura Ray picture

Laura Ray

Senior Loan Originator

Liberty Mortgage Loans | NMLS: 1521656

Getting started is Quick & Easy

If you have any questions, I’m here for you

purchase

refinance