Compass SF

Tag: Property Taxes

Posted on 03/17/2024
What is a supplemental tax bill?
If your property has increased or decreased in assessed...
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Posted on 12/10/2023
Understanding PITI
PITI, which is short for "principal, interest, taxes and...
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Posted on 08/27/2023
Understanding property tax deferment
In some states, qualified homeowners can use a property...
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Posted on 08/20/2023
Essential things to know about the assessed value of your home
Whether you’re searching for your next home to purchase or...
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Posted on 05/21/2023
What is property tax deferment?
In real estate, a property tax deferment means a temporary...
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Posted on 10/23/2022
How to find the ad valorem tax of your property
Latin for "according to value," the term "ad valorem" is common in tax conversations. An ad valorem tax is flexible and dependent on the value of the specific asset, product or service. If you're a property owner, you're paying an ad valorem tax on your property taxes. To better understand how this term is used, here is a...
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Posted on 09/04/2022
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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