So you're excited to purchase your first piece of real estate. Perhaps it's a condo unit for you and your family, or maybe you're interested in getting a house. But before you jump into the fray, make sure that you also consider what taxes you have to pay for when you make your purchase. You may think the property's selling price is cheap, but if you factor in taxes, you may find that the price isn't as manageable as you initially thought.

Here's a brief rundown of real estate taxes you should be aware of , according to We've listed both taxes you're supposed to pay and what the seller should be in charge of so that you can avoid getting scammed. Scroll through the gallery below to learn about them.

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