Selling a Home in Prince William, Virginia
Prince William sits in Prince William County. Virginia sellers pay a layered transfer tax — state, county, and (in some municipalities) a city-level tax on top. The calculator above applies the correct rates for Prince William automatically, alongside agent commissions, the owner's title insurance policy, attorney and escrow fees, and recording fees.
Prince William Transfer Tax & Closing Costs
Virginia closings are handled by title companies or settlement attorneys. The seller customarily pays the Grantor's Tax, the regional WMATA fee in NoVA, and the owner's title insurance policy. Recordation Tax is buyer-paid. Recording fees in Prince William County are a small fixed cost at closing.
How to Estimate Your Prince William Net Proceeds
- Sale Price: Start with the agreed contract price for your Prince William property.
- Mortgage Payoff: Subtract your remaining loan balance and accrued interest.
- Transfer Taxes: Apply the state, county, and any city-level transfer tax.
- Closing Costs: Deduct commissions, owner's title insurance, attorney/escrow, and recording fees.
Prince William Net Proceeds = Sale Price − Mortgage Payoff − Commissions − Transfer Taxes − Closing Costs