Shock Protection: Be Prepared for Refinance Settlement Costs

Posted by mortgagebroker in Refinance, ... | 08.12.2010 - 12:30 pm

When Oprah Winfrey gave everyone in her studio audience a free car, TV Guide named it one of the greatest moments in television history. But once the recipients got over their amazement, they were in for a different kind of sticker shock – each winner was required to pay up to $7,000 in taxes for the grand prize. While it was a great deal for the 276 winners, it still came with a hefty price tag.
   

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