Blocks & Lots

Category - Property Taxes

Purchase CEMA: what you need to know

Here’s how a CEMA works: The buyer assumes responsibility for the balance of the seller’s mortgage on the property and borrows new money required to close. Next, the buyer consolidates the two notes and two mortgages...

Property Taxes: Condos vs Houses NYC

If you’re weighing up whether to buy a house or a condo in NYC (and by a house we also mean a townhouse as well as a single-family) property taxes will weigh heavily in your decision making. Here’s what you need to...