Property transfer taxes - a buyer may be able to minimize property transfer or stamp taxes by purchasing the land, paying tax on the land transfer only, and then building the new home after the land transfer has been made. Check with a knowledgeable attorney or CPA in your area to see if this strategy makes sense.

Property tax planning:	Builder Financing	Buyer Financing	Saving to Buyer
Land	30,000	30,000
Construction Cost	120,000
Total	150,000	30,000
Transfer Tax	1,500	300	1,200

If the buyer buys the lot and then builds the home, transfer tax may be
minimized. Consult an attorney or CPA.