Tag: Tax Terms

Posted on 07/30/2023
What is PITI? Understanding your financial situation
PITI, which is short for "principal, interest, taxes and...
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Posted on 07/10/2022
What you should know about property tax abatement
Property taxes are a major expense for most homeowners and would-be buyers, but property tax abatement programs can help. While not offered everywhere, many states, counties and cities offer abatement programs to alleviate this expense in several ways. Here is a short guide to property tax abatement to familiarize yourself with the basics: What does property tax abatement...
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Posted on 02/20/2022
Tax abatement: What 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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