Home Owner Grant - Don't Forget to Apply!!!

Home Owner Grant - Don't Forget to Apply!!!

Home Owners Grant - Don't Forget to Apply

It’s that time of year again when property taxes are coming due.  Did you know that the average homeowner saves about $600.00 with the home owners grant?

On the bottom of your property taxes you will notice a section called “Home Owner Grant Application”.  Make sure you take the time to fill that out!

Below is a list of frequently asked questions regarding property taxes.

When are my property taxes due?

    • Property taxes are due in full by the due date indicated on your tax notice.  This is typically July 1st.

Are my property taxes included in my mortgage payment?

    • Property taxes are never included in the mortgage loan.  However the monthly payment can be collected by the lender who then pays the property tax on your behalf but that is set up with the notary at the time of signing with them.
    • If you can’t remember if you have your lender set up to take monthly payments on your behalf you will need to contact them.
    • If you lender is taking monthly payments on your behalf don’t forget to claim the home owners grant.  Your lender will not do that for you.



No comments

Post Your Comment:

Your email will not be published
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.