West Virginia charges an excise tax when real-estate title transfers. The first county excise tax is $1.10 for each $500 of value, or fraction of $500. An additional county excise tax of 55 cents per $500 applies; a county commission may raise that additional tax to as much as $1.65 per $500. The combined amount is $1.65 per $500 at the base rates, and can be higher if the additional county rate is raised. A separate $20 Affordable Housing Fund fee is collected before the deed is recorded. State law places the tax on the seller unless the buyer accepts the deed without the tax paid.
Weirton properties can be in either Brooke County or Hancock County. Ask the title or closing office to calculate the amount for the property’s county and show it on the closing statement.
When you sell to us, we pay the closing costs, including the West Virginia real estate transfer excise tax and the additional county excise tax.
That closing-cost promise does not pay the seller’s mortgage, liens, back taxes, or share of current property taxes. Those are separate property-specific amounts to check with the lender, taxing office, or title company.