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Updated about 9 years ago,

Jerry Kisasonak's profile image
Jerry Kisasonak's profile image
Jerry Kisasonak
  • Residential Real Estate Agent
  • from Mc Keesport, Pennsylvania
  • Member since May 14, 2012
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449
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153
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Jerry Kisasonak's profile image
Jerry Kisasonak's profile image
Jerry Kisasonak
  • Residential Real Estate Agent
  • from Mc Keesport, Pennsylvania
  • Member since May 14, 2012
Connect
Jerry Kisasonak
  • Residential Real Estate Agent
  • Mc Keesport, PA
153
Votes |
449
Posts
Innovative Strategies

What sales price goes on a deed for a Sub2 transaction?

Jerry Kisasonak
  • Residential Real Estate Agent
  • Mc Keesport, PA
Posted

I am working on a Subject-to deal and wanted to know how much transfer tax I'd pay on the deal. Of course, this depends on the purchase price. But on a Sub2 deal, what goes on the deed at the purchase price? My initial thought is that it would be the loan balance. Is this correct?

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