calcutating closing costs in NY
I am an investor in upstate NY and I am wondering if anyone has a source for calculating the closing costs in NY. I guess NY is a different state in how we calculate the real tax prorations. Our property taxes come out quarterly and when we close on a property the buyer refunds to the seller the taxes paid for the balance of the year.
The lawyers normally calculate it for us, but I like to know in advance what these costs would be, as it would make preparing for a closing alot easier.
Thank you