30 May 2025
By Aadil Nathoo

What Every Homebuyer Should Know About How Are Property Taxes Calculated

Home Buying Tips, ,
When buying a home, it’s easy to focus on the down payment and mortgage rate, but don’t overlook property taxes. They can significantly affect your monthly payment and long-term budget and understanding how they’re calculated is key to making smart homebuying decisions. We will break down the basics and highlight a few often-missed factors that could influence how much you’ll pay. The Property Tax FormulaProperty taxes are calculated based on the assessed value of your property multiplied by your local tax rate:Assessed Value × Local Tax Rate = Annual Property Tax The assessed value is determined by your local taxing…
Read More
20 Feb 2025
By Aadil Nathoo

To Finance Or Not To Finance

Home Buying Tips, ,
Deciding to finance a new home can be exciting, and because of that buyers tend to want to jump right in. Not so fast! Before you start searching for your dream home, you need to get pre-approved and that means applying for a loan. You will need to get things in order by deciding how much home you can afford, mapping out your expenses, gathering all of your documents and then start looking for a lender that can help you decide what loan is best for you. Some Pros of financing a home are: ?       Buyer builds equity in the…
Read More
08 Oct 2020
By Aadil Nathoo

How Much House Is Too Much House: A Mortgage Calculation Guide

Home Buying Tips, ,
When it comes to finding a home, this is an exciting time. Many people love looking at houses; however, the reality is that people also need to think carefully about how much house they can actually afford. Buying a home is a big decision and for many people this is going to be the most expensive purchase they ever make in their lives. Therefore, it is important to take the time to get this decision right. There are plenty of ways for people to calculate how much house they can actually afford. With a budget in mind, this will make…
Read More