Tag: Home Value

Posted on 11/07/2024
Ad valorem tax, millage rates & more: Key terms to know
Ad valorem is a Latin term meaning "according to value."...
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Posted on 06/09/2022
A beginner's guide to 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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Posted on 03/17/2022
How to add value to your home with high ROI upgrades
Whether you’re a homeowner or a real estate investor, it’s always important to know how to add value to your home. Many upgrades and renovations have a higher rate of return than others, and it’s helpful to know them to make the best possible investment in your property. Here are some of the home upgrades with the highest...
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Posted on 03/05/2020
How Do Easements Affect Property Value?
Image by Zach Schorr from Pixabay Whether you’re buying or selling a home, you might discover there is an easement attached to your property. If so, you’re probably wondering how this affects your property values. What is an Easement? In a nutshell, an easement is for one person to have explicit permission to have use of another person’s...
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