[Chat] RE: Recordation fees?

[John Spurrier]

>So what's a recordation and a "HELOC" that Christine mentioned?

When a property is sold in Maryland details of the transaction become public 
knowledge at the time the deed is recorded at the local courthouse or land 
records office. Of course the city or county  and state will take their 
share of the transaction by collecting a recordation and/or transfer tax.

Christine is probably applying for a home equity line of credit.

John

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