Many sellers are unaware of "Typical" closing costs so I've started a page here for you.  There is a great "Sellers Net Sheet" from Liberty Title, click here for it.

While most things are negotiable, the seller typically has:

NOTE: Parts of Michigan pay taxes in advance. So, at closing your unused portion of pre paid taxes are returned to you as a credit. Parts pay in "Arrears" so those are unpaid taxes you would owe as a "Debit" at closing. This statement has a "Credit" so you get money back at closing. CLICK HERE FOR THE SAMPLE CLOSING STATEMENT.

I hope this helps but if you have questions on closing costs send me an email.

 

Proud to be your broker,

Jeff Kermath

Flat Fee MLS Listing Michigan Cities

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About Us

 

Kermath Realty is a licensed Michigan real estate company, not a 3rd party referral company. The broker, Jeff Kermath has been a licensed real estate broker for over 35 years. Jeff inputs and oversees his listings to ensure accuracy & success!

Our Contacts

Jeff Kermath

734-649-4903

License #6505330456