What is the Michigan state transfer tax?

Michigan charges a State Real Estate Transfer Tax of $3.75 per $500 (0.75%) of sale price, paid by the seller.

Is there a county transfer tax in Michigan?

Yes. Michigan counties charge an additional $0.55 per $500 (0.11%) transfer tax, also paid by the seller.

Who pays for title insurance in Michigan?

In Michigan, the seller customarily pays for the owner's title insurance policy.

Net sheets by state · Michigan

Michigan Seller Net Sheet Calculator

Michigan sellers pay a state transfer tax of $3.75 per $500 of sale price, plus a county transfer tax. Factor these in alongside commissions and title to know your real net.

Show sellers exactly what they'll walk away with.

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Property Details

Sale price

Property address (optional)

State

Mortgage & Existing Liens

Remaining mortgage balance

Second mortgage / HELOC (optional)

Other liens (optional)

Not sure? Leave at $0 — your title company will confirm the exact amount.

Agent Commissions

Your commission

Buyer agent commission (if offered)

Post-NAR settlement: this is now negotiable. Enter 0 if not offering.

Commission total$0.00(5.00%)

Closing Costs

These are average estimates for Michigan. Your title company will confirm exact amounts.

Title insurance

Transfer / excise tax

Escrow / attorney fees

Recording fees

Prorated property taxes

Home warranty (optional)

Seller concessions / repair credits

Other costs (optional)

Pre-Sale Expenses

Include

This is an estimate only. Actual proceeds depend on final negotiations, exact closing costs, and your specific mortgage terms. Consult your agent and title company for exact figures.

Michigan seller FAQ

Net sheets for other states

Also useful for contractors: Field Invoice · Field Estimate →