Closing Archive

You’ve successfully marketed your home and there’s a great offer on the table, but you’re not out of the woods yet. Learn everything you need to know about closing, from additional costs to minimizing legal risk and liability.

5 Things to Know About Real Property Transfer Taxes

5 Things to Know About Real Property Transfer Taxes

There are many costs and fees associated with buying and selling properties such as down payments and real estate commissions. Something that not a lot of people are fully educated on is real estate t...

Who Pays Transfer Tax in California and How Much Does It Cost?

Who Pays Transfer Tax in California and How Much Does It Cost?

Taxes make the world go round — and California transfer taxes make the purchase or sale of your property official. When a property goes from one person or entity to another, someone must file that p...

How to Calculate Transfer Tax: The Only Guide You'll Need

How to Calculate Transfer Tax: The Only Guide You’ll Need

If you have bought or sold a home before, you know what it is like to go through the closing process. You leave the office a little numb after signing a stack of paperwork. You know there will be a lo...

What Is the Seller's Closing Statement? An In-Depth Guide

What Is the Seller’s Closing Statement? An In-Depth Guide

One of the great moments in a real estate transaction, and the one that matters, is when you’ve accepted an offer and you are closing the deal. It means all of your hard work has paid off. The wo...

Can a Seller Back Out if the Appraisal is Higher Than the Offer?

Can a Seller Back Out if the Appraisal is Higher Than the Offer?

When you near the end of a real estate transaction, it’s not uncommon for you to get butterflies in your stomach. But your hopefulness can easily turn into anxiety. What if the seller decides to bac...

Home Seller Closing Checklist: 9 Steps Before You Move

Home Seller Closing Checklist: 9 Steps Before You Move

You can almost see the finish line: you have a contract on your home, the home inspection didn’t scare off the buyer, and soon you’ll be collecting a check and moving on to your next adventure. Th...

Why Arizona Doesn't Have a Real Estate Transfer Tax

Why Arizona Doesn’t Have a Real Estate Transfer Tax

If you’re considering buying or selling a home in Arizona this year, it’s important to understand the tax implications you’ll be faced with. While many taxes are expected and straight-forward, l...

Georgia Real Estate Transfer Taxes: An In-Depth Guide

Georgia Real Estate Transfer Taxes: An In-Depth Guide

Transfer taxes are taxes applied to the transfer or property such as real estate or vehicles. When you sell your home, it’s transferred from you to the buyer. In this case, a transfer tax is applied...

Pennsylvania Real Estate Transfer Taxes: An In-Depth Guide

Pennsylvania Real Estate Transfer Taxes: An In-Depth Guide

At a Glance (max 300 characters): When you buy or sell a home, you’re liable to pay a transfer tax. This money is collected by the government to facilitate the change of ownership. Read on to find o...

New Hampshire Real Estate Transfer Taxes: An In-Depth Guide

New Hampshire Real Estate Transfer Taxes: An In-Depth Guide

One of the most variable, and often most difficult to understand, property taxes, is the transfer tax. This confusion starts with the fact that it is called something different in almost every city an...