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jeff blanchford Asked:

If I want to refi $140,000 of a house worth $375,000 at a lower rate with the same bank,what would the dollar amount of NY State taxes be? Thanks JeffB [greenlawn NY]



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Answer Provided by: William H. Kumpf [02/05/2008]

Jeff, You can avoid NY Mortgage tax entirely with a CEMA. What number can I reach you at today and I will explain the process of how to save the NY Mortgage Tax. William H. Kumpf 917-664-0677