What are the buyer’s costs?

The buyer’s costs consist of the additional expenses associated with the purchase of the property and the transfer of the land. At Sami Verde, these are approximately as follows:

• 6% sales tax (OB) on the construction value of the home (70% of the purchase price)

• 4% transfer tax on the land value (30% of the purchase price)

In addition, notary fees and any costs related to establishing a mortgage may apply.

The total buyer’s costs are estimated at approximately 6–7% of the total purchase price. The exact costs will be specified in the purchase agreement and the notarial deed.