taxes: Maine Increasing Real Estate Transfer Taxes.....A Lot!
- 06/09/07 05:12 PM
Currently, the state of Maine requires an equal division of the real estate transfer tax at closing to the tune of $4.40 per thousand, shared equally between buyers and sellers. It's not a horrific number, pretty average from what I can tell by looking at some other states. Boiled down, if you are either buying or selling a home that is priced at $200,000.00, then at the closing table, you will pay to the state of Maine about $440.00. Maine is a great place to live, and I can't complain about much. But....I do have a problem with what our esteemed representatives … (23 comments)
Currently, the state of Maine requires an equal division of the real estate transfer tax at closing to the tune of $4.40 per thousand, shared equally between buyers and sellers. It's not a horrific number, pretty average from what I can tell by looking at some other states. Boiled down, if you are either buying or selling a home that is priced at $200,000.00, then at the closing table, you will pay to the state of Maine about $440.00. 
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