What will you net from the sale?
Your sale price isn't your take-home. This estimates what's left after the costs of selling.
Notes
- Commission is negotiable. The default is a starting point, not a fixed rate.
- The Michigan transfer tax (state plus county, about 0.86% of price) is customarily paid by the seller.
- "Other closing costs" covers title work, attorney fees, recording, and tax prorations, which vary by deal.
This is an educational estimate. Your actual proceeds depend on the final contract and settlement statement. Kevin can prepare a detailed net sheet for your home.