No matter if it is your first time or the sixth in buying real estate, it can be a tough time. Knowing who to turn to at what stage is especially important. Most often people seek out their attorney in the very end.
Reena Gulati Blog
The Financial Crimes Enforcement Network (FinCEN), a bureau of U.S. Department of the Treasury, issued a Geographic Targeting Order (GTO) that require the title companies to identify the individuals behind the LLC's or companies that purchase all cash real estate in Manhattan worth more than $3,000,000.00. This order currently applies to Manhattan and Miami Dade County, Florida. The purpose is to combat money laundering in the real estate sector in certain high end markets.