From NAR
Property taxes play a big role in homeownership costs. The NAR Consumer Guide breaks down key points:
🔹 How They’re Calculated – Based on home value and local tax rates.
🔹 What They Fund – Schools, roads, emergency services, and more.
🔹 Appealing Assessments – Homeowners can challenge inaccurate valuations.
🔹 Tax Relief Options – Some states offer exemptions or credits.
Helping clients understand property taxes can make a big difference in their buying decisions and long-term affordability.
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