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Updated over 5 years ago,
Refinancing a PA property- any transfer tax or any hidden fees?
Hi guys,
Will you please be so kind and help me out. I am trying to refinance a property in PA and was just wondering if there was any hidden fees or any transfer taxes, or other kind of taxes?
My property is in an LLC, and I am not transferring the ownership of the property from the LLC, so LLC will continue to own the property after the refinance. So only the lender will change.
I am thinking there should be no any transfer tax nor hidden tax, since I am not transferring the property out of the LLC, right?
Thank you!