Louisiana seller net sheet and closing costs

In Louisiana, the seller usually pays the agent commission and their own loan payoff. The buyer usually pays the lender fees, the lender's title policy and the owner's title policy. The buyer usually pays the settlement or escrow fee.

The buyer usually pays for the owner's title policy in Louisiana. In Louisiana, each title insurer files its own rates. So prices differ between title companies. The net sheet uses typical rates. The title company that runs the closing gives the final quote. An attorney usually handles the closing. By custom, an attorney is required.

No state transfer tax. Closings before a notary/attorney. Orleans Parish levies a flat documentary transaction tax.

NetSheet.org is not tied to any title company. The net sheet works with any title or escrow company. See how it compares with title company net sheet tools.

Each side pays the taxes for the days it owns the home. Property taxes in Louisiana are paid in arrears, after the period they cover. So the seller usually credits the buyer for unpaid days up to closing. Taxes run about 0.55% of the home's value per year. Parish bills issued Nov-Dec for the calendar year (Orleans bills in Jan in advance); seller credits buyer when unpaid.

• nola.gov

Checked 2026-09-30. A net sheet is an estimate. It is not a closing statement or tax advice. The title or escrow company gives the final figures. See a rate that looks wrong? Email [email protected].