Jennifer Kirby
The Luxury Agent
Minneapolis,
MN
More about me…
Kirby Fine Homes
Address: 3800 American Blvd W, Suite 1500, Minneapolis, MN, 55431
Mobile: 651-785-3400
Minneapolis Real Estate, Downtown Minneapolis Condos, Minneapolis Luxury Real Estate, Minneapolis Homes, St Paul Homes, St Paul Real Estate, Minneapolis Waterfront, Minnesota lakes, Minneapolis relocation info, tips, Minneapolis market reports, things to do in Minneapolis, Minneapolis Historic Homes, St Paul Historic Homes
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More Expensive Homes Mean More Expensive Closing CostsLike many states, Minnesota has a state deed tax or transfer tax, that is paid to the county treasurer every time a home sells. On top of this, if a buyer is obtaining a loan, a mortgage registry tax is also due to the treasurer.Typically in Minnesota, the seller pays for the state deed tax of $3.30 per $1000 (since it is his property being transferred) and the buyer pays for the mortgage tax of $2.30 per $1000 (since it is his loan).While the purchase of a home for $200,000 would only require a … (3 comments)
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