Anne Arundel County, Maryland mortgage closing costs | refinance, purchase

Anne Arundel county govt. phone# 410-222-1144

Recordation Tax              $7.00       per thousand
Transfer Tax                     1.5%       (1% County + .5% State)
Property Tax                     $1.087      per hundred assessed value
                                                              (.955 County + $.132 State)
Property taxes are collected on a semi-annual basis.  Each county has it's own fees for what it charges on a Maryland home purchase for state recordation and county transfer taxes at settlement.  The state transfer tax is always the same.  The buyer is exempt from the state transfer tax if they are a first time homebuyer in the state of Maryland. 

If refinancing, you will be charged the state recordation tax on any new money (not just "cash out") and on the entire new loan if an investment property.

View property tax records online

ANNE ARUNDEL COUNTY  410-222-7000
Neighborhood Info, www.aacounty.org
Schools, www.aacps.org
Police, www.aacounty.org/police
Crime Statistics, www.aacounty.org/police/crimestatistics

• Rate this Post!

  Select Your Rating:

  • 5 Stars (Excellent!)
  • 4 Stars
  • 3 Stars
  • 2 Stars
  • 1 Stars (Poor)

• Share this Post

  Share With A Friend:

  Your Name Your Email

  Friend's Name Friend's Email

  Optional Message

  Send

• Print
• Social Bookmarking

  Add to Bookmarks: