I recently released a calculator for sellers to calculate their closing costs when selling their home. I did not realize it was going to be so popular. In fact, I have already received some suggestions on how to make it better.
Hey, I listen. What the customer wants, the customer gets. I’ve enhanced the calculator (with the help of my developer, AKA, my brother) to calculate other expenses that some people may not be aware of until they’re at the closing table. The new calculator now calculates the mansion tax charged to homes sold over $1 million. In addition, for some reason the City of Yonkers does not want anyone that moves out of the city to ever come back because in addition to the State Transfer tax of $4/1000, they have imposed a City Transfer tax of 1% of the sale price. I’ve now updated the calculator to include these 2 additional costs.
Click below to access the new calculator.
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