Closings by location
Closing costs, taxes, assistance programs, and local watch items — because a closing in Franklin is not a closing in Phoenix. We're building these out region by region, starting with Middle Tennessee.
Tennessee
Surrounding states
State-level guides — transfer taxes, who closes, and statewide assistance programs. Town guides coming as coverage grows.
KentuckyDeed transfer tax of $0.50 per $500 of value (0.1%) — paid by the SELLER under KRS 142.050, one of the few states that fixes the payer by statute.VirginiaLayered recordation taxes: the buyer typically pays state deed recordation tax ($0.25 per $100) plus a local third; the seller pays the grantor tax ($0.50 per $500), with additional regional taxes in Northern Virginia and Hampton Roads.North CarolinaExcise tax of $1 per $500 of the price (0.2%), customarily paid by the seller. Seven northeastern counties add a local land transfer tax of up to 1%.GeorgiaTransfer tax of $1 per $1,000 (0.1%), customarily seller-paid, plus an intangible recording tax on new mortgages of $1.50 per $500 borrowed (capped at $25,000) that buyers with loans effectively pay.AlabamaDeed tax of $0.50 per $500 of value (0.1%), plus mortgage recording tax of $0.15 per $100 borrowed.MississippiNO state transfer tax on real estate sales — one of a minority of states without one. You pay per-page recording fees only.ArkansasReal property transfer tax of $3.30 per $1,000 (0.33%) — one of the higher rates among Tennessee's neighbors. Who pays is negotiable and commonly split.MissouriNO transfer tax — Missouri's constitution (amended by voters in 2010) PROHIBITS any tax on the sale or transfer of homes. Recording fees only.
36 town guides, 12 county guides, and 9 states and counting — our reporting stays national, but the local guides start here.