[2BNTV]

Originally Posted by Band1t

I have down loaded the TOTVebook and found it very informative. My wife and I are looking at buying a villa in TV and have been tring to find the cost, such as sales tax and closing cost, etc on a new home???

You can also read "the nuts and bolts" section as Zcaveamn wrote a three part, "Everything You Need To Know About Moving To TV", that is extremely informative.

Taxes are approximately 2% of the sales price. There is a "Home Exemption" write off, as long as you live in TV exclusively, (permanet and only residence), that can be obtained when you have live here in January. I paid the full amount for my taxes this year and it will be reduced by a third with the "home exemption", next year. Nothing, like the taxes from where, I had come from. Life is good!!

Closing cost are nominal to the buyer. I would have to look it up, but if I remember correctly, it cost me about $600.


Best wishes in finding a new home.