Unlocking the Secret to Affording Your Dream Home: PITI Explained! #piti #insurancecrisis

Now knowing if the home is insurable and how much it will cost you can better estimate the actual cost of the home ownership and decide on your offer plans. Did anyone talk to you about PITI? PITI stands for principal, interest, taxes, and insurance. These are the components of your monthly payment, your monthly cost of home ownership. You know how much you can afford to pay monthly and it is obvious that increasing insurance costs will affect the price you will be willing to pay for this specific home.

Michael Talis:
Call/text: (650) 766-6100
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Coldwell Banker Realty
CALDRE: 01883499