closing cost: Is 1% Mansion Tax Reasonable or Not?
- 12/29/08 11:58 AM
Not only the Real Estate in Manhattan New York city is expensive, sometimes the closing cost can be intimidating as well. It is important to calculate the closing cost or have an idea of it before buyer starts to look at properties. My buyers always ask... WHAT IS MANSION TAX, especially when they are looking into New Construction in New York city... HERE IS A LITTLE BIT OF BACKGROUND In 1989 the New York Legislature enacted New York Tax Law Section 1402-a, which provides for the ability of the state to collect a 1% tax from buyers who purchase a … (6 comments)
closing cost: New York City Manhattan Closing Cost
- 12/21/08 06:01 AM
Closing Costs This closing cost guide is designed to give you the general costs associated with the purchase or sale of a cooperative, condominium or townhouse property. Please note that these are estimates and that potential buyers and sellers should consult their real estate attorney or financial advisor for specifics. Please take note we do not represent that these are the entirety of potential costs, but are only to be used as a guide. Mortgage closing cost estimates have been furnished by our affiliate, Preferred Empire Mortgage Company. Condominiums … (2 comments)
New York City Manhattan Real Estate, Bilingual Chinese Speaking Real Estate Agent specialize in Manhattan Condominium market such as Resale Condominiums, New Construction, PreConstruction condos. We work with Oversea foreign buyers, Investors. We Specialize in neighborhoods: Upper West Side, Chelsea, Midtown West, Midtown East, Greenwich Village, Soho, Union Square, Financial District in Manhattan, Williamsburg Brooklyn and Long Island City Queens.
Not only the Real Estate in Manhattan New York city is expensive, sometimes the closing cost can be intimidating as well. It is important to calculate the closing cost or have an idea of it before buyer starts to look at properties.
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