When Combined Property Tax and Mortgage Payments are Required. If you hold less than 20% of the property (LTV > 80%) or you are a first-time homebuyer, most lenders will require that you pay your property taxes through them, especially if they are offering competitive rates.
Homesteading is a spectrum. Ultimately, the broadest definition is that it is a lifestyle with a commitment to self-sufficiency. This can encompass growing and preserving food; providing your own electricity with solar, wind or water; and even making your own fabric and clothing.
Find out whether you are eligible to obtain property tax exemption based on your property qualifying as a homestead. Usually, a homestead refers to a property owned by a widowed spouse that is protected from property taxes to ensure that she is provided with shelter after her spouse's death. It is usually necessary to apply for and obtain homestead property tax exemption prior to the death of the spouse who owned it.