Tag: Home Value

Posted on 12/19/2022

3 Financial real estate terms you should know

The more real estate terms you understand, the more comfortable you will be in your home buying process. This is especially true for financial vocabulary related to real estate transactions. To help familiarize you with some of these important concepts, here is a quick guide to financial real estate terms: Fixed rate mortgage A fixed rate mortgage is...

Down Payment

Fair Market Value

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Posted on 04/25/2022

Ad valorem tax & other important tax terms to know

Ad valorem is a Latin term meaning "according to value." In tax language, ad valorem means a flexible value dependent on the specific asset. Ad valorem is just one of many important terms related to property taxes you should know. Here are a few more examples of important property tax terms: Assessed value Assessed value refers to the...

Ad Valorem

Assessed Value

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