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Real Estate Property Taxes

Real Estate Transfer Taxes range from .01% to 3%.  Most typically, in the range of .1% to .5% of the selling price of the property.

Real estate transfer tax rates

Most states and or localities charge a tax on the transfer of real estate.  This also includes a fee usually for recording the transfer of ownership.  Tax rates vary greatly between the states and localities that do charge this fee, ranging from .01% of the purchase price up to 3%.

Many states have exemptions for certain classes of buyers, such as first time buyers, or older people.