Most of your buyers never file the homestead exemption after closing. In Texas, a missed homestead exemption can usually be fixed up to two years back, and the refund goes straight to the homeowner.
Michael Reeves, founder and CEO of The Andy App, joined me to walk through how the app files the new homestead, checks the last home for anything missed, and goes after the refund. We get into a client who lives on 2 acres but got taxed on 3, a porch the county taxed as living space, and a $12,000 pergola refund.
If you want a closing gift that keeps paying your clients, this is it.
Full episode: https://www.thetexasrealestateandfinancepodcast.com/ai-property-tax-protest/ The Andy App: https://theandyapp.com (App Store and Google Play)
Chapters 0:00 Lives on 2 acres, taxed on 3 0:19 The question nobody asks after closing 0:40 The Texas refund window 1:03 2 in 10 homeowners missing an exemption 1:22 The homestead form is still paper 1:45 What The Andy App does 2:27 Appraisal errors: 5 years back 2:41 Real client: the extra acre 2:54 The porch taxed as living space 3:04 $12,000 pergola refund 3:48 Why nobody checks 4:33 The milk receipt analogy 5:00 Wrap
