Re: homestead exempt

Posted by Why Chat (209.240.198.61) on March 16, 2003 at 18:01:24:

In Reply to: Re: homestead exempt posted by airics on March 16, 2003 at 16:24:46:

If you own a home singly, in your own name, and have more than $25,000 equity (at distress sale value- assessment value - 10%) then, yes it is POSSIBLE, but not likely.

If, on the other hand, you own the home free and clear, with NO mortgage, then it is PROBABLE.

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