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.
The homestead exemption is a legal regime designed to protect the value of the homes of residents from property taxes, creditors, and circumstances arising from the death of the homeowner spouse.