Lord & Bills Real Estate

Tag: Property Taxes

Posted on 11/10/2024
What is property tax deferment?
In real estate, a property tax deferment means a temporary...
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Posted on 01/21/2024
New homeowners: A guide to tax breaks & deductions
Buying a house is one of the largest purchases made within...
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Posted on 07/30/2023
What you'll need to know about delinquent property taxes
Homeownership comes with many responsibilities, one of...
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Posted on 08/07/2022
What borrowers should know about 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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