Tag: Property Taxes

Posted on 06/03/2024
Property tax abatement: The basics
Property taxes are a major expense for most homeowners and...
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Posted on 09/25/2022
Understanding the relationship between PITI & property taxes
PITI is an acronym for principal, interest, taxes and insurance. In real estate, it's used by lenders to estimate your qualifications for a mortgage. One of the key variables in the formula is property taxes, which vary by location and individual home. But how do property taxes affect your PITI ratio? Here is a basic explanation to help:...
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