In the State of New York you will incur a ‘transfer tax’ for selling your home equal to $2 for every $500 ($4/$1,000). For example, if you sell your home for $500,000, your transfer tax is $2,000. (500,000 x .004) Do you live in Yonkers? Yonkers has a transfer tax of their own. The City [...]
Posts tagged as:
DYK?
According to a study performed by NeighborWorks America in 2008, a home’s value is decreased by $5,000 when in the vicinity of a foreclosed property.
