Taxes
An old email about Texas homestead exemptions seems to pop up whenever an election approaches. In this message, the sender warns seniors and disabled citizens about losing their homestead exemption. Read more.
Thinking about selling your house? A tax on real estate transactions would require you or the buyer to pay tax on the eventual sales price. And while the initial rate might be low, have you ever known a tax rate that didn't go up? Read more.
Real estate agents' commissions are negotiable, but a proposed tax on their services wouldn't be. You'd be required by law to pay tax on any fee you pay to a real estate agent. Read more.
Imagine you bought a home from a developer 10 years ago. Now you want to sell it, and you find out that buried in the deed is a well-hidden stipulation that you have to pay the developer a percentage of your profit. Read more.
Very simply, Texas does not have an income tax from which to derive funding for local services – fiscal support for things like public schools, police service, fire protection, and road repairs must come from other sources. Property tax is the largest of these sources. Read more.
Residential listings from Texas REALTORS® across the state.
