Home Buying in Wynnewood>Question Details

Julia T, Home Buyer in Wynnewood, PA

Real Estate Transfer Tax

Asked by Julia T, Wynnewood, PA Sun Mar 17, 2013

What is the estimated real estate transfer tax on a home in Lower Merion Township that is on the market for $374,900.

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Hello Julie,

1% to either side, unless otherwise stated. If you are buying a Fannie mae owned property they will require you to pay the whole 2%.

Alan Openshaw
Cornerstone Lending Inc
Southampton Pa 18966
215 953 0800
cell 267 992 7276
NMLS ID 143960
0 votes Thank Flag Link Mon Mar 18, 2013
On your side, 1% of the final purchase price. Good hunting!
0 votes Thank Flag Link Sun Mar 17, 2013
1 percent of the purchase price to each side.
0 votes Thank Flag Link Sun Mar 17, 2013
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