You won't really find many people that offer this as it can be frustrating and both the sellers lender and the buyers have to agree, but you can do a CEMA to save the NY Mortgage Tax, which in the boroughs (1.8%) can be alot of money, even on the (0.8%) island or upstate it is still alot of money. You are really adding a lot of value by being the person bringing it to your buyer. You aren't even adding time to the transaction if you get the ball rolling on this right away.
This will only save the tax on the existing mortgage current balance, the buyer will have to pay mortgage tax on the difference.
Zach Boyle
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