Home renovations can do more than improve the aesthetics...

Whether you’re searching for your next home to purchase or...

The more real estate terms you understand, the more...

Whether you’re a homeowner or a real estate investor, it’s...

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:...