Home Selling in Michigan>Question Details

Dan, Both Buyer and Seller in 49721

What can I expect in closing costs?

Asked by Dan, 49721 Thu Feb 24, 2011

I'm selling my house and I wasn't sure what to expect for closing costs. I'm aware of the commission for the realtor, but what else can I expect to spend? My house is listed for 53,000, if I sell it for that price what can I expect to put in my pocket?

Help the community by answering this question:


....as a seller the average closing cost amount in Michigan is 1.45% of the selling price. So on your $53,000 price that amounts to about $770 plus whatever your REALTOR fees are. The national average for closing costs is 1.53%. Good luck on your sell.

Tim V. Johnson
Windermere RE/Puyallup, Inc.
0 votes Thank Flag Link Thu Feb 24, 2011
Closing costs can vary. However, they are between $700+ depending on the type of home you buy.
Web Reference: http://www.arunamettler.com
0 votes Thank Flag Link Thu Feb 24, 2011
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