DuPage County, IL Sr. Citizens Real Estate Tax Deferral Announced for 2012 Information/Applications Now Available Through March 1, 2012 Du Page County in IL,
like many other counties, offers many helpful forms of assistance to
the senior residents living within its borders. One such program, is
the Senior Citizens' Real Estate Tax Deferral Program.  Each year from January 1st to March 1st, Du Page County opens application for participation in this beneficial program. The program assists its senior residents by allowing them to defer the property tax payment on their principal residence. The deferment of a tax payment is similar to a loan against the senior's property market value .
Deferrals are borrowed from the State of Illinois, which in turn pays
the current property tax when due. The State of Illinois ensures repayment of the deferred amount through a 6% simple interest rate "loan". A lien is also filed on the residential property. Special Assessments taxes levied by your village or their water and sewer district may also be deferred. To qualify, Du Page County senior residents must fit the following qualifications:
Application forms (Form IL 1017 and IL 1018) for participation in this year's Du Page County Senior Citizen Real Estate Tax Deferral Program will automatically be mailed on January 9th to those senior residents that took part last year.  For new senior participants, the following information/documentation must be provided at the time the completed application is submitted:
To receive or download an application, you can call the Du Page County Treasurer's office at: 630.407.5900 or visit its website at: http://www.dupageco.org/treasurer. Additional information or questions may be addressed through either contact, as well. Completed application forms can be returned by mail, or dropped-off in person, at the Du Page County Treasurer's office located at: Du Page County Treasurer, 421 No. County Farm Road, Wheaton, Illinois, 60187. Please note that the applicant's signature mustbe notarized.
Notaries are available at the Du Page County Treasurer's office, Monday
through Friday, from 8:30 am to 4 pm each day for its residents'
convenience. * For those looking to buy or refinance a home in Du Page County, or the surrounding Chicagoland area, please contact me. I have 35+ years of mortgage lending experience and expertise with which to assist you. I've love the chance to earn your business and your trust. I can be contacted through any of the following means: Direct: 815.277.4036 Cell/Text: 708.921.6331 Email: gene@chicagobancorp.com Website: www.genemundt.com/Contact-Me.html Skype: 630.219.1316 Click here: 4 a NO Cost NO Obligation Mortgage Consultation |
