Our Listings | Blog
|
Sitemap  

D.C.

1.45% for all residential properties priced at $400,000 or more and all commercial properties and 1.1% for all residential properties $399,999 and under - Oct 1, 2006 effective date

Residential Property Tax Rate Now $0.88 per $100 of assessed value (down from $0.92) - this will be reflected in the March 2007 tax bill

Homestead Exemption $63,000 (up from $60,000) - Oct 1, 2006 effective date

**Latest Information Available

Montgomery County Maryland

State transfer tax is one half of one percent of sale price (reduced to ΒΌ% paid by Seller if Buyer is first-time Maryland Owner-Occupant)

County transfer tax is 1% of sale price

Recordation tax is $6.90 per $1,000 of sale price (first $50,000 of purchase price is exempt if Buyer occupies as principal residence for at least 7 months of first 12 months immediately following closing)

**Latest Information Available

Prince George's County Maryland

State transfer tax is one half of one percent of sale price (reduced to ¼% paid by Seller if Buyer is first-time Maryland Owner-Occupant)

County transfer tax is 1.4% of sale price

Recordation tax is $4.40 per $1,000 of sale price

**Latest Information Available

Virginia

To record deed $3.40 per $1,000 of sales price plus $33

To record 1st trust $3.40 per $1,000 of total loan amount plus $31 (ARMs will be approximately $15 more)

To record 2ns trust $3.40 per $1,000 of loan amount plus $31

Otherwise, it will vary by county and city, check with the title company.

**Latest Information Available

 

 

Clicky Web Analytics