Tag: Property Taxes

Posted on 07/19/2023
Property tax deferment basics & benefits
In real estate, a property tax deferment means a temporary...
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Posted on 06/15/2022
Supplemental tax bill: Understanding the basics
If your property has increased or decreased in assessed value since your last tax payment, you might receive a supplemental tax bill. These are separate tax bills you need to pay in addition to your regular annual bill. If you're interested in learning more about how supplemental tax bills work, here is a short guide to the basics:...
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Posted on 04/06/2022
A beginner's guide to 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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