Mansion or not, you can't escape the so-called mansion tax

Buying in New York City means paying painful extra costs but nothing makes this as clear as the socalled mansion tax which kicks in when you purchase a property for $1 million or moreeven if the place you are buying is an apartment Thats because the fee is based on the …

By Jennifer White Karp |April 14, 2025 - 10:00AM
Should I ask the seller to buy down my mortgage rate?

… … Buying down your mortgage rate is a way to lower your … cash at closing and sometimes a seller will cover a rate buy down through a closing credit according to our experts … the right move for you Heres what actually happens when you buy down your mortgage rate When you use a loan to purchase …

By Celia Young |March 25, 2024 - 3:29PM