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Most new mortgages are assumable.
Weighted Average
A calculation that takes into account the varying degrees of importance of the numbers in a data set, assigning weights to each number.
Shares Outstanding
The total number of shares of a corporation that are currently owned by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company’s officers and insiders.
Mill Rates
The amount of tax payable per dollar of the assessed value of a property, used in calculating local property taxes.
Assessed Value
The dollar value assigned to a property for purposes of taxation by the government.
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