Asked by Vintagesoul, Chicago Heights, IL • Thu Mar 29, 2012
My husband and I recently were pre approved for a mortgage loan. We qualify for a veteran and homebuyers property tax exemption, but found out that the taxes on the property we are looking to purchase are overassesed (9K and counting) and no exemptions have been claimed over the past 5 years. In essence,the taxes are too high for our lender to qualify us for a mortgage. Is there a way to have the exemptions considered prior to obtaining a true mortgage thru our lender? Or is there a way to start the appeal process before purchasing the home. Thanks for any help
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