What is a CEMA loan, and how can it reduce my mortgage recording tax?

… their mortgage In some unique cases it is also available to buyers  Why do owners and buyers use a CEMA This maneuver … would pay a tax of $1800 instead of $3600 We do it every time we can said Melissa Cohn regional vice president at … for reassigning the loan However if you switch banks your first lender has to approve assigning your mortgage to the …

By Evelyn Battaglia |March 25, 2025 - 9:30AM
The buyer's and seller's guide to NYC closing costs

… Whether youre buying or selling real estate in New York City you face hefty taxes and fees at the closing tableincluding some that you may expect and others … attorney at The Stone Law Firm Read on for an overview of what youll pay in closing coststhe actual sum will vary …

By Evelyn Battaglia |January 6, 2025 - 10:00AM