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15 May 2024 | 6 replies
Hi Tax masters,I have a question about the county mortgage tax when purchasing a property.I'm quoting a mortgage from 3 lenders for a small multi-family in Bushwick/Ridgewood area (Brooklyn NY), and one of them estimated the county mortgage tax in their quote when the other 2 didn't.If anyone has some knowledges to share with this, I would appreciate it.
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18 May 2024 | 2 replies
And in regard to rent they more or less guarantee that your mortgage is being paid.
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16 May 2024 | 14 replies
The seller is going to give me a note above the amount I still owe on the mortgage.
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16 May 2024 | 13 replies
Double check with the lender, but here are a couple of options:1.
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18 May 2024 | 2 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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18 May 2024 | 1 reply
Thank you You will need to get an attorney or potentially the title company could create the documents but they are typically created by the lender and their attorney.
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15 May 2024 | 4 replies
They are working on a refinance of a private loan I am the lender on and I am just looking to see if they are the real deal or not.
16 May 2024 | 4 replies
Lender gave me these terms.
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17 May 2024 | 10 replies
NO reputable lender asks for funds upfront besides appraisal fee.Have heard MANY horror stories related to upfront fee lenders and it rarely ends well.
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17 May 2024 | 4 replies
Moving forward we are exploring possibly combing households due to the large size of the property and the difficulty of upkeep but there are several questions/ issues that need to be addressed so it does not put either of us in a compromised position.When her husband died a friend paid off her mortgage due to it going into foreclosure ( 210k total).