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Updated over 15 years ago,

User Stats

7
Posts
0
Votes
Eric Myers
  • Real Estate Investor
  • Mohawk, NY
0
Votes |
7
Posts

calcutating closing costs in NY

Eric Myers
  • Real Estate Investor
  • Mohawk, NY
Posted

I am an investor in upstate NY and I am wondering if anyone has a source for calculating the closing costs in NY. I guess NY is a different state in how we calculate the real tax prorations. Our property taxes come out quarterly and when we close on a property the buyer refunds to the seller the taxes paid for the balance of the year.

The lawyers normally calculate it for us, but I like to know in advance what these costs would be, as it would make preparing for a closing alot easier.

Thank you

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