Tag: Property Taxes

Posted on 01/01/2023
Pros & cons of property tax abatement homebuyers should know
Property tax abatement programs can be helpful to homebuyers in several ways. While they can help you save money long-term, buying a property with a tax abatement can have potential downsides. Here are some key things about property tax abatements for buyers to consider: How property tax abatements work Property tax abatement programs are offered by some cities...
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Posted on 03/13/2022
What is PITI? Understanding your financial situation
PITI, which is short for "principal, interest, taxes and insurance," is an essential term to know for anybody seeking a mortgage loan. The acronym refers to the relationship between these four numbers expressed in a ratio and can tell lenders about your financial status. Here is a breakdown of the term and why it matters to potential homeowners...
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