Many sip from well of homes that sell

(flickr photo by f_shields)

When residential property changes hands, not only do the seller, listing broker and selling broker collect coin.  The number of individuals and businesses involved ranges from appraisers to window washers.

Among the others who commonly derive direct benefit from the transaction, many of them more often outside Manhattan, are termite, radon and home inspectors; mortgage companies; loan officers; lender support staff; underwriters; home warranty companies; law firms; lawyers; legal assistants; and settlement companies.

Let’s not forget Continue reading

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