Group Criticizes Former HUD Secretary on Transfer Fees

With credit for funding construction loans tight and buyers still hesitating to pull the trigger on buying a new home, builders find themselves in a tough position: How to find money to build homes?

Last summer, Freehold Capital Partners, a New York-based financial firm founded by a Texas real-estate developer, claimed to have the answer: private transfer fees on sales of newly built homes.

Click HERE For More Information | Wall Street Journal

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