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Tag: Tax Terms

Posted on 11/13/2023
Understanding millage rate & other important tax terms
Millage rates are just one of the many specialized tax...
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Posted on 01/09/2023
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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