How can I apply for a property tax deferral?

In Washington, homeowners may be eligible for a property tax deferral if they meet certain conditions. In order to apply for a property tax deferral, you must first meet the eligibility criteria set forth by the Washington State Department of Revenue. This criteria includes that you are a Washington resident, own a home in the state, and have an income below a certain level. If you meet these criteria, you can then file an application with the county assessor’s office. The application you file will require information such as your name, address, and financial information. You will also need to provide proof that you are a Washington resident, own a home in the state, and have an income below a certain level. Once your application is received, the county assessor’s office will review it and provide a decision. If your application is approved, the property tax deferral will reduce your overall tax bill by temporarily suspending payment of part or all of your taxes until a later date. You will then be responsible for repaying any deferred taxes, plus interest, at a later date. It is important to note that a property tax deferral is not a waiver, and any taxes deferred must eventually be paid in full. If you do not repay the taxes in full, your property may be subject to foreclosure. For this reason, it is important to carefully consider your ability to repay the taxes before applying for a deferral.

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