Vancouver Portland Real Estate Blog

Portland Property Tax Exxemption For New Homes

In Portland Housing market, there is a new tax exemption(LTE) program for newly constructed homes. This exemption reduces the homeowners monthly payments, and saves them thousands of dollars in the 10 year period.

-The builder would of had to apply for this program before even gaining building permits.
-The home must be owner occupied in throughout the exemption period.
-Property taxes become fully assessed once the ten year exemption period is over.

Ask me about this program and I will guide you thru the process.

Related posts:

  1. Budgeting For Your New Portland Home
  2. FHA Continues to be Safe Mortgage Lifeline
  3. State of Washington Property Tax Information
  4. Looking for Portland or Vancouver Washington Homes?
  5. New Signs of the Market Growth

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