Tag Archives: closing costs

Understanding Closing Costs- What is Mortgage Recording Tax?

By kalantarovlaw | Real Estate | 0 Comments

What is Mortgage Recording Tax? When you buy a home you will notice a number of fees and taxes that are charged to you or the other party at closing. Quite often buyers and sellers know little about what they are paying for and why. We have already discussed one of these charges, Transfer Taxes, […]

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Understanding Transfer Taxes in New York

By kalantarovlaw | Real Estate | 1 Comments

Understanding Transfer Taxes in New York Prices for real estate in New York City have always been higher than most of the country. Even in the past few years, the real estate market in the five boroughs has been soaring. The higher the price, the higher the closing costs. For this reason, it is important […]

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