Selling a Home in Wilkes-Barre, Pennsylvania
Wilkes-Barre sits in Luzerne County. Pennsylvania 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 Wilkes-Barre automatically, alongside agent commissions, the owner's title insurance policy, attorney and escrow fees, and recording fees.
Wilkes-Barre Transfer Tax & Closing Costs
Pennsylvania closings are handled by title companies or attorneys. The seller customarily pays half of the combined state-and-local realty transfer tax, the owner's title insurance policy, and a share of closing fees. Title insurance rates are state-promulgated. Recording fees in Luzerne County are a small fixed cost at closing.
How to Estimate Your Wilkes-Barre Net Proceeds
- Sale Price: Start with the agreed contract price for your Wilkes-Barre 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.
Wilkes-Barre Net Proceeds = Sale Price − Mortgage Payoff − Commissions − Transfer Taxes − Closing Costs