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Closing Costs Are Reaching New Highs

Pro Builder

Buyers in Washington, DC paid an average $29,888 in closing fees throughout 2021, while Delaware buyers dished out the second most, at $17,859, followed closely by New York, at $16,849. Average closing costs rose 13.4% in 2021, forcing buyers to pay an average $6,905 to complete home purchases, but some regions reported even higher numbers.

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State by State Incentives Guide

Buisness Facilities Contributed Content

million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). Additionally, the company must demonstrate that it can service the debt. DELAWARE – updated for 2014. TAX INCENTIVES.

Income 108
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New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

A JDA Real Estate Loan is normally a second mortgage loan, subordinate to a first-mortgage loan provided by a bank; M&E Loans are secured by a first lien, co-equal with the bank’s lien, on the M&E being financed. Debt refinancing, tax delinquency, employee benefit arrearage. Typical financing structure: 50% Bank Loan.

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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral.

Income 75