The Real Estate Briefings

Entries Tagged ‘transfer taxes’

Checking Property Transfer Taxes Before Making An Offer

Each state (and county for that matter) levies a tax on the transfer of real estate between owners. These taxes and recordation fees can be quite considerable, especially for properties in the higher price ranges. Homes in Washington D.C., for example, pay a tax of 1.1% if they are settled at $399,999 or less. However, for [...]

Negotiating Buyers Costs In Maryland Real Estate Sales

Maryland has the highest costs related to real estate sales out of any of the states in the US.  They are not only higher than elsewhere, they are a long way higher. This could put buyers off, especially considering the current tough economic conditions. It can be hard enough saving for a decent deposit let [...]