Assertion: exemption's home | /r/HasProperty | worth
Facets:
value: currently
type: TEMPORAL
Source sentences:
text: Florida property tax homestead exemption reduces the value of a home for assessment of property taxes by $50,000, so a home that was actually worth $100,000 would be taxed as though it was worth only $50,000.
text: Imagine that you purchased a home that is currently worth $300,000 and you have an outstanding mortgage loan of $250,000.
text: For instance, in a state with a $50,000 homestead property tax exemption, a homeowner living in a homestead with an assessed value of $200,000 pays property taxes as if the home were worth just $150,000.
text: It reduces the value of a home for assessment of property taxes by $50,000, so a home that was actually worth $500,000 would be taxed as though it was worth only $450,000 (although $25,000 of homestead coverage does not apply to the school portion of property taxes).
text: For example, if your home is worth $100,000 and you have a home mortgage of $80,000, your net equity in your home is $20,000.