This form is a sample letter in Word format covering the subject matter of the title of the form.
Mortgage Payoff Statement Form With Tax In Pima
State:
Multi-State
County:
Pima
Control #:
US-0019LTR
Format:
Word;
Rich Text
Instant download
Description
Form popularity
FAQ
You can get your mortgage info by going to your lender's website. Other documents, like your monthly mortgage bills and your Closing Disclosure (or HUD-1), will also have some of this information. Your lender should send you a 1098 by January 31.
The Senior Valuation Protection program enables qualified seniors to have their Limited Value frozen, which is the basis for all property taxes, frozen in 3 year increments to protect against the potential of an increasing real estate market.
Age: At least one property owner must be the minimum qualifying age of 65 at the time of application. Residence: The property must be the owner(s) primary residence.
Property tax rates in Pima County are the second highest of any county in Arizona. The average effective property tax rate in Pima County is 0.84%. That is higher than the state average, and the typical Pima County homeowner pays $2,161 annually in property taxes, which is also above average statewide.
Your mortgage lender sends your Form 1098 to you, generally by the end of January of the filing year. Some lenders may make their tax forms available online, in which case you should check your account to download.
1. Property owner (applicant) must be 65 years of age or older. 2. The property must be the primary residence of the property owner and must have lived there for at least 2 years.
This does not freeze your property tax bill, but it does freeze the property valuation. To qualify, you must meet the following criteria: Property owner must be 65 years of age or older. Property must be the primary residence and the owner(s) must have resided at the residence for at least 2 years.
The Pima County Assessor's Office created the Senior Property Valuation Protection program to help seniors save on property taxes. Homeowners can apply to the "Senior Freeze Program" in order to freeze the limited property value of their home for three years.
