No surprises at the closing table.
Closing costs vary by transaction. We will help you read the estimate line by line, so you know exactly what you are paying for.
Buyers typically see lender fees, an appraisal, a lender’s title insurance policy, recording fees, prepaid interest, and money set aside for taxes and homeowners insurance. Your lender will give you a Loan Estimate early on and a Closing Disclosure before closing, so you can compare the numbers.
Sellers typically see agreed brokerage compensation, the payoff of any existing mortgage, prorated property taxes, Michigan state and county transfer taxes, and often an owner’s title policy. Who pays what can be negotiated in the purchase agreement.
Ask for a written estimate early. Sellers can use the proceeds calculator below to get a rough idea, and buyers can ask their lender for a Loan Estimate on a specific home.
A quick proceeds estimate based on sale price, loan payoff, and closing costs.