Bricktionary
… or AMI defines the median incomes for households of different sizes within a certain geography The Department of … which critics say artificially inflates AMI and as a result rentstabilized rents The AMI for a single person in NYC is … handful of programs that give tax breaks to developers who reserve units for lowerincome renters For example the states …
… basic level a reverse mortgage is what it sounds like a home loan where the bank pays you based on your homes value … law according to the New York State Department of Financial Services NYSDFS Borrowers need to be at least 62 years old … also usually come with costs including closing appraisal application and attorneys fees though origination fees on …
… But theres one more cost you should watch out for when you sell a flip tax if you live in a coop or a transfer fee if … to our experts These fees are paid to your board at closing and are usually based on a percentage of the sales … fee … Flip taxes and transfer fees are very common in NYC says Richard Apell controller at property manager Argo …
