What is a post-closing possession agreement and what are the risks for buyers and sellers?

… Melnick Darouvar Gershburg says most agreements are fairly short such as a week to 10 days although he has negotiated … does not vacate after the outside date she said  The legal term for these per diem costs is liquidated damages or … date outlined in the contract  … The difference between a lease and a license … Although it looks like the seller is …

By Brick Underground |July 16, 2025 - 12:30PM
What is a CEMA loan, and how can it reduce my mortgage recording tax?

… their mortgage In some unique cases it is also available to buyers  Why do owners and buyers use a CEMA This maneuver can help you avoid paying … Schubach … Buy … Negotiating + Financing … Bricktionary … buying … mortgage … taxes … What is a CEMA loan and how can …

By Evelyn Battaglia |March 25, 2025 - 9:30AM
What is a community land trust? How does it help low-income buyers?

… coop units for households earning 5080 percent of the area median income with a portion of units set aside for … help 17 households at 25 MacDonough St become cooperative shareholders and rehabilitate and electrify their building to … the interesting aspects of living in a CLT coop is that shareholders have the opportunity to run for the coop board …

By Jennifer White Karp |February 25, 2025 - 2:00PM
What are the differences between jumbo and conforming loans?

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By Brick Underground |December 4, 2024 - 2:30PM