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My husband and I are purchasing my Grandmother's house in Pa. Do we have to pay transfer tax since we are a?

We are purchasing my Grandmother's home. Do we have to pay transfer tax since we are relatives?
Fri May 9 2008, 08:27 - 19064 - Home Buying - 3 answers
 
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Christina
Home Buyer
in Springfield
Christina, Home Buyer in Springfield in Springfield
Answers (3)
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Andres Munar was FIRST TO ANSWER
A family transfer is usually exempt from transfer tax. Please consult a title company in your area or call our office so we can steer you in the right direction. 570-344-6091. John Topa, First Sunrise Mortgage

Fri May 9 2008, 18:20
Web Reference: http://FirstSunriseMortgage.com
 
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check with a local title transfer company, but I believe the discount tranfer applies only one generation distance. (ex. grandmother to her daughter)

Fri May 9 2008, 13:09
 
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FIRST ANSWER
No transfer tax will apply to you since this is a family member transaction.

Fri May 9 2008, 08:54
 
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