What is the Homestead Exemption? - Definition & Importance
6:55
Study.comRacquel Fulton
What is the Homestead Exemption? - Definition & Importance
If you owe debt to a creditor, they may have a lawful right to take your house. Learn how a homestead exemption works to save your home. Find out more about this real estate concept, which can also be a valuable tool for lowering property tax bills.
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