Home Selling in 49968>Question Details

Vickilynn, Home Seller in 49968

What are the closing costs the buyer has to pay?

Asked by Vickilynn, 49968 Thu May 3, 2012

I need to know what my closing costs will be for selling a house in mi.

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Vickilynn,

Interview several Realtors in your area, they will give you a break down on all the costs that you will incur. Best Regards
0 votes Thank Flag Link Fri May 4, 2012
As a seller, you will have to pay for some of the transfer taxes, recording fees, escrow fees, and title insurance. Those will run about 2-3% of the price of your home. Then, you have broker commission fees. Those will run you about 3-6%, depending on the arrangement you have with a listing agent or if you even have an listing agent at all.

From the buyer side, the fees really depends on a number of factors, whether financing is used and whether you're offering to pay for non-customary fees.
Web Reference: http://www.archershomes.com
0 votes Thank Flag Link Fri May 4, 2012
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