Vertigo is a symptom of several different conditions. There are two types of vertigo, known as peripheral and central, depending on the cause. Peripheral vertigo is the most common type, often caused by a problem with the balance mechanisms of the inner ear. The most common causes include:
Answer: The amount of the homestead exemption in Arizona is now $150,000. This homestead exemption is automatic and protects equity in the home up to $150,000. In other words, there is no longer any separate paperwork required, and the homestead exemption will limit the enforcement of the judgment lien by your bank. Most banks or other creditors will not foreclose their judgment lien unless there is significant equity in the home above the $150,000 homestead exemption.
What It Does. The homestead exemption allows you to save on property taxes by allowing you to exclude a portion of your home's value from assessment. The amount of tax you owe is calculated based on the difference between your home's value and the exemption amount. For example, if your home is valued at $250,000 and your state allows a homestead exemption of $25,000, you would only pay taxes on the remaining $225,000. Depending on the amount of the exemption allowed in your state, you could potentially shave hundreds of dollars off your tax bill each year.