Buying a home in New York? You could be paying thousands more than you need to in mortgage recording tax… without even realizing it. In this week’s Title Tuesday, we break down Purchase CEMAs — one of the most effective (and least understood) ways to reduce closing costs. You’ll learn: • What a Purchase CEMA is • How it reduces mortgage recording tax • When it works (and when it doesn’t) • How buyers — and sometimes sellers — can benefit The key is simple: If you don’t know to ask about it… you’ll never use it.
