CEMA Loans Explained

Have you ever heard of CEMA loans? Likely not. CEMA loans are a unique financing option for homeowners in New York. If you are considering buying a new house or condo, a CEMA loan may help you save big-time on those closing costs. What Is CEMA and How Does It Work? A CEMA loan, or …

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Seller Closing Costs in NYC

So, it’s time to sell your New York City home. Hopefully, you’ll be expecting to get a pretty large profit after closing, particularly with how expensive housing prices are in New York City. But, even if you’re expecting a large profit, it can be helpful to know exactly how much you can plan on taking …

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New York Transfer Tax

New York state has made changes to the real estate transfer taxes that apply to conveyances taking place after mid-2019. New York State imposes a real estate transfer tax upon conveyance of real property or interests therein when the consideration exceeds $500. The transfer of controlling interest of the real property, or the transaction of …

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