When you are looking to purchase a property, there are many factors to consider in determining whether you can afford it and if it is worth the seller’s asking price. One essential aspect to examine is the assessed value used for tax purposes. This valuation helps you understand how much you will owe in property…
If you’re looking to purchase a home or property, especially for the first time, navigating the myriad of legal terms and jargon can be overwhelming. One critical distinction that often confuses new buyers is the difference between the assessed value of a home and its market value. Although these terms might appear to refer to…