Closing Costs Question for REOs in Baltimore City

[James Fisher]

I understand that I'll pay 100% of the following costs if I purchase an REO in Baltimore City:

State Recordation Tax ($10 per $1,000)

State Transfer Tax (.5%)

City Transfer Tax (1.5%)

My question is in regard to whether this amount is based off the purchase price only or if it's based off the purchase price and rehab costs. My plan is to use an HML to fund the purchase and rehab costs so I'm trying to get an accurate estimate for closing costs.

For example, if I use an HML and the purchase price is $50,000 with a rehab costs of $50,000 for a total loan amount of $100,000 (I understand it won't be 100% financed, but I just want to keep the numbers easy), is the total for the 3 previously mentioned costs $1,500 or $3,000?

Thanks!