Advance Equity Group, Inc.
Advance Equity Group, Inc.

Tag: Assessed Value

Posted on 09/03/2023
How to find the assessed value of your home
Knowing the assessed value of a particular property can be a huge help in buying, selling or refinancing. However, with multiple valuation methods and terms available, it can be difficult to distinguish one from the other. Luckily, there are some simple ways to find the assessed value of your home. Here are the basics: What is assessed value?...
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Posted on 04/23/2023
Assessed value & fair market value: What's the difference?
As you venture into the world of real estate, you may hear...
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Posted on 01/15/2023
Tax facts: Property tax late fees & more
Like most recurring expenses, property taxes have late fees if not paid on time. While the amount and specific consequences vary from one municipality to the next, property tax late fees are something homeowners will want to avoid. Here are some basic facts about paying your property taxes on-time and in the correct amount: How property taxes are...
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Posted on 05/29/2022
Ad valorem tax & other important tax terms to know
Ad valorem is a Latin term meaning "according to value." In tax language, ad valorem means a flexible value dependent on the specific asset. Ad valorem is just one of many important terms related to property taxes you should know. Here are a few more examples of important property tax terms: Assessed value Assessed value refers to the...
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Posted on 05/08/2022
Ad valorem tax: What it is & how to calculate it
Latin for "according to value," the term "ad valorem" is common in tax conversations. An ad valorem tax is flexible and dependent on the value of the specific asset, product or service. If you're a property owner, you're paying an ad valorem tax on your property taxes. To better understand how this term is used, here is a...
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