Question

What is the value of Property owned by
the Borrower? Please describe the nature
of property and your basis of assessmen!
of its value given​

Answer 1

Answer:

primary source of revenue for many local governments. They're also a significant expense for homeowners, year in and year out. Even after you've paid off your mortgage, you'll still get a property tax bill. The starting point for that bill is your property tax assessment. If you know how it's calculated, you'll have an idea of what your bill is likely to be each year. Then you can budget accordingly, avoid ugly surprises and spot any costly errors on your bill.

Explanation:

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