What are my costs - Plymouth home selling tips
By Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239, Michigan homes for sale ~ yesmyrealtor@gmail.com
(Real Estate One)
I had my client ask my what are my costs so I thought I would make a blog for my Plymouth home selling tips. If you are selling your Plymouth home what are your costs that you will occur? This home is not for sale but just one of many Plymouth homes. The major costs you will occur are: Michigan transfer tax which is .086% of selling price. The State of Michigan wants their share, so they tax the seller has to pay it at closing. Owners title policy. The cost of the owners title policy is based on the sales amount. This is title insurance basically providing proof that the property if free and clear of liens. Commission for the Realtor Transaction fee to the real estate company. Most real estate companies have added this fee as a way of covering some of their basic overhead. Sellers...
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