What You Need to Know About Real Estate Transfer Fees
Real estate transfer fees are one of several costs paid at closing. What is this fee, who pays it and how much is it? The government’s cut of the fee Typical costs paid at closing by the seller or buyer include title insurance, agent commissions, attorney’s fees and more. About two-thirds of states also include […]
‘Taxing’ Questions on Second Homes
Are you in the market for buying a second home? You probably have lots of questions — what’s it like to qualify for a mortgage on a second home, and are there still tax advantages? Let’s take a look. Mortgage risk. Since lenders view second homes as being a higher risk for default than first […]