In field 16: Realty Taxes is where you record the amount of money that must be set aside each month to pay for real estate taxes. Transfer this amount from the Uniform Residential Appraisal Report (URAR) by taking the yearly tax figure (RE Taxes line 3) and dividing it by 12. Learn more about this topic in the NOV lesson. Refer to the VA Lender's Handbook for more details regarding Realty Taxes.
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