East Coast Realty

Serving Harford, Cecil, and Baltimore Counties in Maryland
Welcome to East Coast Realty Sign in | Help

Stephen Harker

A New Real Estate Cost to Watch For: Developer's Private Transfer Fee

A New Real Estate Cost to Watch For: Developer's Private Transfer Fee
The Washington Post | March 8, 2010
How about this for a new and ingenious real estate money machine? Every time a house sells during the next 99 years, 1 percent of the price goes back to the original developer or is shared among investor partners. Ka-ching!

Published Tuesday, March 09, 2010 11:15 AM by Stephen Harker

Comment Notification

Subscribe to this post's comments using RSS

Comments

No Comments

Leave a Comment

(required)
(optional)
(required)
Submit