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Understand Transfer Taxes – and Their Loopholes

If you’re looking into buying a Brooklyn home, it’s important that you understand all the costs that come up at closing. There are seller’s costs & there are buyer’s costs – and one of the trickiest costs that come up are called transfer taxes. What are transfer taxes? A transfer tax is the tax charged […]

Closing Costs 101

You’ve probably heard of closing costs but if you’ve never bought or sold property, the term can be confusing. Let’s first take a look at “closing.” Closing is the point at which the title of the property is transferred from seller to buyer. The costs associated with this are collectively known as the closing costs, […]