Every township and borough in Bucks County collects the same 1% local share, so there's no deviation to look up here the way there is in parts of Delaware and Chester counties. The custom option is for a house across a county line. A refinance pays no transfer tax anywhere in Pennsylvania.
Total transfer tax on this sale
Who pays what is settled in the agreement of sale, and half each is the usual Bucks County arrangement. Both sides are on the hook to the county for the whole amount if it goes unpaid, which is one reason the split gets written down. For the record, the same house inside Philadelphia would owe 4.578%.
Buying your first home? Some of this can come back.
The county's first-time buyer program and PHFA's assistance loans can cover closing costs, transfer tax among them, for buyers who meet their rules. A licensed Pennsylvania lender who works with those programs can tell you in one call whether they fit your situation.
(267) 828-9047Estimates only. Not a loan offer or a rate quote. Confirm the figure with the title company before closing.