Delaware and Wilmington transfer taxes
Wilmington's total realty transfer tax is 4% of the value transferred: 2.5% for Delaware and 1.5% for the City. The State's 2.5% tax is split equally between seller and buyer. The City's 1.5% tax is the seller's responsibility unless the parties agree otherwise. Some transfers are exempt, and the tax value can depend on the sale; the closing professional confirms the calculation and allocation for the property.
When you sell to us, we pay the closing costs, including Delaware's state realty transfer tax and Wilmington's real property transfer tax. Your mortgage, liens, back taxes and share of current property taxes are separate.

