(1) Valuation: Evaluation of property by a taxing authority for the purpose of levying a property tax. (2) Taxation: Actual amount of property tax lev ...
Certificate issued by the government showing evidence that the veteran is qualified and the amount of guarantee available to maintain a VA loan. It is ...
To upgrade a facility by installing up-to-date technology as well as introducing stylistic changes reflecting current patterns. Modernizing a facility ...
A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to ...
A lifetime rate cap is an adjustable-rate mortgage (ARM), this cap limits the amount the interest rate can increase or decrease over the life of a loa ...
Depreciation is a decline in the value of property due to general wear and tear, or is also known as an annual allowance that helps you recover on you ...
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