Philadelphia Real Estate Closing Costs Increase
Philadelphia Real Estate Closing Costs Increase!
Marc Shaw, owner of Worldwide Land Transfer – a local title company, posted a blog post titled, “Philadelphia Records Department Announces Fee Increase“. Apparently effective February 20th the Philadelphia Records Department will increase Philadelphia Real Estate closing costs despite Pennsylvania’s ranking as the 9th most expensive state in the United States. The fee increase is apparently small but as Marc notes the City of Philadelphia Transfer Tax is 3% and the State of Pennsylvania Transfer Tax is 1% which already very high.
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Blog post compliments of CenterCityTeam’s Philadelphia Real Estate Blog
Frank L. DeFazio, Esquire
Prudential Fox & Roach Realtors – Society Hill
530 Walnut Street, Suite 260
Philadelphia, PA 19106
215.521.1623 Direct
610.636.4364 Cellular
888.308.1148 Fax
[email protected]
CenterCityTeam.com: Philadelphia Real Estate
