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.