Contact the JustNewListings.com Team for Northern Virginia/Washington DC real estate
If you have any questions or need more detailed information, please feel free to contact us at 785-294-6873 (785-BY-HOUSE) or fill out the form to let us know how we can help with your real estate needs. Being a very busy person---I must tell you email is best so I don't miss the message can paste it on my calendar.
1100 N Glebe Rd #1010,
Arlington, VA 22201
Phone: 785-BY-HOUSE
Fax: (703) 224-8121
Tuesday, June 5th, 2007 at 2:36pm.6862 Views, 2 Comments.
House Bill 3202 to Increase Arlington VA Grantor's Tax
Just received notice of a serious hike in real estate closing costs around the corner depending on when Arlington County decides to enforce the recent passage of House Bill 3202. This bill permits NVTA (northern virginia transportational authority) to impose a "regional congestion relief fee" of .40 per $100 of sales price to the grantor's tax that is paid by sellers at the closing table. This essentially increases the grantor's tax about 500%. That's not cool at all
Real Estate Closing Costs for Arlington VA
Currently a seller would pay a $500 grantor's tax when selling a $500,000 home. Well thanks to the Virginia General Assembly that will soon cost Sally Homebuyer $2500. That's an…
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