Tag: Property Taxes

Posted on 09/10/2023
Ad valorem tax: What it is & how to calculate it
Latin for "according to value," the term "ad valorem" is...
+ 3 more
Read More
Posted on 11/13/2022
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:...
+ 5 more
Read More