Maine Transfer Tax Calculator: What to Expect
This simple calculator can help home sellers Maine Estimate their transfer tax. To understand the idea of transfer fees you may have to pay Pine tree stateenter the estimated selling price above your home.
Need a price? Try freedom to free House Value Estimator It might be worth it to see your house. For more accurate listing prices please contact top Maine Real estate agent And require comparative market analysis (CMA), a report that compares your home to properties listed nearby and recently sold.
How to calculate transfer tax in Maine
MaineThe transfer tax is called this Real Estate Transfer Tax (“RETT”)The property’s sales price is calculated as $2.20 per $500 (or its fractional portion).
For example, if you sold your home $376,000 ((Mainemedian house price), you can expect to pay $827.20 exist Maine Transfer tax.
“learn more: Learn about Maine Transfer Tax