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Deed Tax as a result of Transfer of Deed in lieu of Forclos

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Barbara and Bryan Guest	Posted: Tue Mar 30, 2010 2:39 pm    Post subject: Deed Tax as a result of Transfer of Deed in lieu of Forclos Like 0 Dislike 0 Can you give me an idea of what the tax rate is on the Deed TAX. The origional loan was $270,000 and the value of the house in now about $140,000. Thanks Bryan
adonis Joined: 22 Oct 2005 Posts: 10574 Location: ALASKA 1090.82 Dollars($)	Posted: Tue Mar 30, 2010 8:40 pm    Post subject: Like 0 Dislike 0 Hi Barbara and Bryan, The tax rate for deed tax would vary from one state to another. I would suggest you to contact a real estate attorney and he would be able to guide you in this regard in a better way. _________________ Procrastination is the enemy of your financial success

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