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Paradise Bank
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After Closing

Home Purchase

couple moving into their new house

Filing for Homestead of your Primary Residence

It is important to file for Homestead on your Primary Residence for two reasons.
  1. The taxable amount of your home is decreased by up to $50,000 when the home is Homesteaded
  2. The amount annually your taxes can increase is capped at 3% of the total amount each year. You will need to be sure to file for Homestead by March 1 of the following year of home purchase.
For information on appraisers, click on the links below:

**Your warranty deed is public record**

Usually there is a company who will try to sell you a copy of your warranty deed. Disregard the letter. You can go to the county public records if you need a copy of contact us and we can assist you.
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