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Tagged : Washington DC transfer and recordation taxes

Found 1 blog entry tagged as "Washington DC transfer and recordation taxes".

Washington DC transfer and recordation taxes are part of your closing costs when buying or selling real estate.  Payment of Washington DC transfer and recordation taxes are typically split between buyer and seller.  Make sure you carefully exam your contract regarding who is paying the Washington DC transfer and recordation taxes.  Purchasers often ask the seller to pay part or all of their Washington DC transfer and recordation taxes.  Your lender should provide you with an estimated costs of closing.  The HUD-1 should be reviewed thoroughly before settlement to understand who is paying for these closing costs.  You can review a blank HUD-1 here.  The taxes will be written into your HUD-1 on lines 1201 through 1206 and you can review this at the time of

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