The homestead exemption can decrease the taxable value of your home, so you'll pay fewer property taxes. It involves completing a form and submitting it to the county recorder's office.The dwelling may be a house, condominium, or mobile home. To qualify, you must live in the home as your primary residence. Looking for real estate or a home for sale in Missouri Ranch located in Glendale, AZ? Official website of the U.S. Social Security Administration. Not all sites are open every day or accept candy all the time! We follow a nondiscriminatory policy of homebuyer selection and are accountable to mortgage lending laws. All rights reserved.