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Understanding the relationship between PITI & property taxes

PITI is an acronym for principal, interest, taxes and insurance. In real estate, it's used by lenders to estimate your qualifications for a mortgage. One of the key variables in the formula is property taxes, which vary by location and individual home. But how do property taxes affect your PITI ...

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7 Master Bedroom Staging Ideas

As you most likely know, staging involves setting up the furniture, art and accessories of each room to help make your home look as appealing as possible to potential buyers. It’s similar to what furniture stores do when they create displays of model bedrooms, kitchens, etc. When you’re staging your home, ...

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Should House Flippers Act As General Contractors or Make Renovations Themselves?

Photo by Ivan Samkov from Pexels House flipping projects typically take between 45 and 90 days to complete. But when subcontractors have to put your renovations on the back burner, they might incline entrepreneurs serving as general contractors with the right skills to roll up their sleeves. Such scenarios beg whether ...

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How to Avoid a Home Selling Dilemma

A home seller may face a variety of dilemmas as he or she tries to get the best price for a residence. However, a seller who prepares for potential problems may be better equipped than others to enjoy a fast, profitable property selling experience. Now, let's take a look at three ...

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