Prince George's County Deputy Sheriffs, County Police Officers, & Municipal Police Officers are eligible for a reduction in the Prince George's County transfer taxes when purchasing a home:
First Time Homebuyer - Eliminates the Prince George's County transfer taxes of 1.4%
Repeat Homebuyer - Reduce the Prince George's County transfer taxes from 1.4% to 1%.
To qualify for this tax reduction:
- The purchase property must be improved residential property located in Prince George's County, Maryland.
- At least one of the Purchasers must be employed as a Prince George's County Police Officer or Deputy Sheriff, or a municipal corporation police officer serving in Prince George's County.
- The police officer must reside in the property as his/her principal residence.
- A qualified purchaser must maintain their employment as a County Police Officer, Deputy Sheriff, or Municipal Police Officer for three years following the purchase or they will be required to repay the tax.
If you would like more information about this tax reduction, or about buying or selling a home in Prince George's County, MD, give Stacey Baugh a call.
If you or someone you know would like information about buying, selling, or renting a home in Prince George's, Montgomery, Charles, Anne Arundel, Howard, and/or Baltimore Counties please contact Dr. Stacey-Ann Baugh of EOP Real Estate, LLC.
Donations made to charity with every successful closing!
Dr. Stacey-Ann Baugh
EOP Real Estate, LLC
staceyannbaugh@gmail.com
240-481-3565 (C)
240-206-7283 (O)
FINALLY! A DOCTOR WHO MAKES HOUSE-CALLS!
Information deemed reliable but not guaranteed!
Start calling all of the police departments. I am sure many of them are not aware of this. Good info.
Ellie - I am sure many are not aware.