Tuesday, January 12, 2021

Senior Citizens may defer Cook County real estate taxes

Homes in Belmont-Cragin (Eric Rojas, Broker, Kale Realty)

Our Senior Citizens having trouble paying their property taxes may qualify for relief. The Cook County Treasurer offers the Senior Citizen Real Estate Tax Deferral program. If qualified seniors may defer up to $5,000 in a tax year.  The cost is 6% simple interest on the deferred amount. Any amount owed is payable from proceeds upon sale of the home. 

Check out eligibility and program details HERE

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