Do Buyers Pay New Orleans Real Estate Transfer Taxes?

    New Orleans Real Estate Transfer Taxes

    New Orleans Real Estate Transfer Taxes

    If you’re new to New Orleans, you may be from a city or state that charges a transfer tax to every buyer of a home. We get asked about New Orleans real estate transfer taxes by quite a few new residents, so it’s time to put the question to bed.

    In Orleans Parish, there is a $325 transfer tax associated with every residential real estate closing, including refinances. This tax is paid by the property owner or seller – not the buyer.

    Mark that one off your list of things to budget for when buying New Orleans real estate.

     

    Need help navigating the New Orleans real estate market? Whether buying, selling or renting, we can help. Call us today at 504-327-5303.

     

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    Our agents write often to give you the latest insights on owning a home or property in the Greater New Orleans area.