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Old 08-25-2009, 09:13 PM
70 posts, read 274,151 times
Reputation: 43


This may sound silly but when you buy a home in Iowa do you have to pay sales tax. Also is flood insurance expensive? Thank you.
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Old 08-26-2009, 08:20 AM
10,385 posts, read 19,088,873 times
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You normally pay a real estate transfer type tax, but not sales tax. That would be extremely high.

I believe in Iowa the rate is $1.60 per $1,000 of value.

So a $200,000 house I believe would be charged $320.
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