Most seller notes are characterized by a maturity term of around 3 to 7 years, with an interest rate ranging from 6% to 10%. Because of the fact that seller notes are unsecured debt instruments, the interest rate tends to be higher to reflect the greater risk.
Mortgage Assistance Program (NYS-MAP) To be eligible, homeowners must have experienced a financial hardship and must demonstrate an ability to afford their housing payments after receiving assistance.
The Automated City Register Information System (ACRIS) allows you to search property records and view document images for Manhattan, Queens, Bronx, and Brooklyn from 1966 to the present.
The deed contains specific information about the property and the terms of the transfer. Components of a deed in New York include: Property Description: Detailed information about the property being transferred. Grantor and Grantee: The names of the seller (grantor) and the buyer (grantee).
You would have to record a new deed adding or removing the person(s) name. Because it is a legal document with legal consequences, we HIGHLY advise you work with an attorney to do so.
When closing on a home, you should receive a copy of your house deed when the title is transferred to you. You can also request an additional copy at any time through your County Recorder's Office or Register of Deeds Office (the official name may vary by location).
What Does A House Deed Look Like? A statement indicating that it is a deed. A description of the property being sold. The names and addresses of the grantor and the grantee. The signature of the individual selling the property. Proof of certification by the Property Clerk, to show it's been recorded in public records.