Save thousands with the Maryland Homestead Tax Credit

Did you know 1 in 3 Maryland homes were recently reassessed for property taxes? Thanks to skyrocketing home values since 2020 (yay!), tax bills have also increased significantly (boo). I shared a PSA about this on Instagram recently, and the response was overwhelming! So, I knew this topic deserved to be the very first episode of All Things Home, because this podcast is all about sharing timely, valuable information with our TBG community. In this episode, I break down: Why property tax assessments went up at the end of 2024 (Baltimore City  +21% and Baltimore County +25%) How the Homestead Tax Credit can cap your annual tax bill increase at just 4% - and save you thousands over time Step-by-step instructions to check if your Homestead Tax Credit is on file (and how to file if it’s not!)  Here’s how to check your status: Visit this website - https://dat.maryland.gov/realproperty/pages/maryland-homestead-tax-credit.aspx Select your county and enter your street address Scroll to the bottom of the page to see if your status is Approved, In Process, or Not Filed If you haven’t filed yet, don’t wait—this quick application could save you thousands (or tens of thousands!) over time.  Links & Resources Mentioned in This Episode: Check your Homestead Tax Credit status or file here: https://dat.maryland.gov/realproperty/pages/maryland-homestead-tax-credit.aspx Let's Connect! Follow Tina on Instagram: @tinabeliveau Follow The Beliveau Group on Instagram: @beliveaugroup Explore resources and get to know The Beliveau Group of EXP Realty at: www.thebeliveaugroup.com   Let’s work together! Don’t make a move without us. Email [email protected] to connect about buying or selling anywhere in the world Call or text us directly at 443-595-7535 (Broker: 888-860-7369)