Property tax is the money collected by local tax authorities from property owners, used to fund public services like education, security, and infrastructure. Property owners have an annual obligation to pay property taxes. The tax amount is calculated based on the property’s value, determined by the local tax authority. Property tax is calculated as follows:…

Mortgage Pre-Approval Benefit Mortgage pre-approval serves as your financial compass in your home buying journey. It helps you navigate the market by providing a clear understanding of your budget, speeding up the process, and giving you a bargaining edge. Know Your Budget Pre-approval is like a financial mirror reflecting your purchasing power. It prevents wasted…

Most people use a mortgage to buy a house, which requires a down payment and borrowed money. The two main types of mortgages are fixed-rate and adjustable-rate. The best choice depends on factors such as your comfort with changing rates and how long you plan to live in the home. A fixed-rate mortgage is better…