Sage Premier Settlements

Lee Hall _{on Google}

Jan 18th, 2020

I became a co-owner of a condo through Sage Premier Settlements (West Chester Office). Sage never asked about percentage of interest in ownership, so the transfer tax upon later refinancing was about $1600 when it could have been near zero, according to the subsequent title company. Sage also never recommended that the parties declare whether they intended to own with rights of survivorship. Had one of the parties died or become incapacitated, the lack of essential decisions would have created severe problems. Nor did Sage ever bring the Homestead and Farmstead Act discount and instructions to our attention. Surely a title company is in the best position to know and point out these matters, if not advise on them? Buying and obtaining a mortgage is complicated. It shouldn't be all "live and learn" for the buyer.