One of the most expensive parts of purchasing commercial real estate is handling the mortgage recording tax. Although this fee is not present in all states, the large percentages and steep mortgage requirements could take potential buyers by surprise. What is a mortgage recording tax, and what should you expect if you are planning to …
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Resilient. That’s how Joseph Platt, senior vice president with the Kansas City, Missouri, office of Grandbridge Real Estate Capital, would describe the commercial financing business today. Yes, this industry has faced challenges because of the COVID-19 pandemic. That’s no surprise. But Platt said that requests for financing have remained steady throughout most of the …
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