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Unread 04-14-2008, 01:38 PM
 
10 posts, read 26,263 times
Reputation: 10
Default Co-op closing costs - seller in Westchester

I'm sure this has been asked plenty but my search didn't turn up too much.

What are the major closing costs to a seller of a co-op in Westchester county - Yonkers in particular.

So far the major ones I know are - attorney fees, bank attorney fees, flip tax imposed by the co-op, other co-op fees such as managing agent or move out fees, and NYS transfer tax of .4% of the purchase price.

What I'm particularly interested in - Is there a county transfer tax similar to what NYC has?

Thanks in advance.
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Unread 05-27-2008, 08:55 PM
 
Location: Rye Brook
178 posts, read 416,606 times
Reputation: 54
There is a Yonkers transfer tax. Your attorney should be able to give you information.
Your big fee is the Real Estate Fee.


All the best!

Kevin O'Shea
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