Most people don’t know that, when selling your house, there are costs involved, which means that you do not pocket the full sales price. In some cases, putting your house on the market alone will cost you more than what you may expect. Let our team here at SellUsHomes point out some of the most common fees involved in selling your property, so you can have a better idea before doing anything that you might regret.


Home inspection


This price is based on the average cost for US homeowners when they hire an inspector to do the job. Although this is optional, it still is a very important process a Seller can do, to find out if there are any structural or mechanical problems that you yourself may not even know about. This will allow you to make repairs ahead of time, before you even place the property up for sale. This will help you from getting blindsided with a low ball offer because they found an issue with your property during home viewing. In cases where a Buyer hires their own home inspector, you can at least be confident that everything has been taken care of already.

Home improvements and renovations

If, after an inspection, there isn’t any need to make major renovations or improvements, then good for you! That’s less money to take out of your pocket. But for the sake of this argument, let’s base the cost on the 1% rule.

A popular real estate notion states that 1% of the value, or purchase price of your home is set aside each year for maintenance and improvements (although there are several limitations to this rule). The average price of homes across Detroit is roughly $80,000. Based on that price, you would set aside $800 for repairs. Again, the amount varies from one situation to another. 


Your curb appeal is also a key factor similar to your home’s interior. After all, this is the first thing a buyer sees when they view the property. The cost for this depends on the project. If your property’s exterior is well kept to begin with, you might just need to do some basic trimming or lawn mowing, which can be around $25-$50. Generally speaking, landscaping services will cost you somewhere in the neighborhood of about $4-$12/sq ft.


1% of the sales price

Buyers will want to envision themselves living in the home once they enter it. Staging the house helps them focus on the best features of your household and make it visually appealing to your buyers. Hiring a professional home stager may cost you thousands of dollars so a good alternative would be staging the house yourself. Though you’ll have to invest a lot of work to prepare and maintain the place every time a buyer comes, it is worth it. Adding new light fixtures, deep cleaning any carpets, or a new paint job is more than enough to attract your potential buyers – increasing the home’s value! 


2%-5% of the asking price

A concession, to put it simply, is money the Seller is willing to give to the Buyer to help with the financing. It effectively lowers the net amount the Seller will receive for the sale. On the plus side, it may help close the deal. Again, based on the average price of homes in the Detroit market ($80,000), a seller’s concession will typically be around $1,600 – $4,000.


Closing costs


A real estate transaction will include costs when legally transferring the property. There’s a vast assortment of fees involved but in general, it may cost you 1%-3% of the sales price. Let’s tackle some of the common closing costs starting with:

  • Transfer taxes

These taxes are those involved when transferring the title of the property from one person to another. The amount depends on you local and state laws, or whether you’ll be charged taxes on the sales transaction. In Michigan, the transfer tax is divided into state tax and county tax.

The state transfer tax rate is $3.75 for every $500 of value transferred. While the county transfer tax rate is at $0.55 for every $500 of value transferred.

  • Mortgage payoff

This depends on how much you still owe on your current mortgage. It needs to be paid off when you sell your house. Some lenders charge a prepayment penalty if you pay off the mortgage before the end of its term. The penalty amount is usually based on a percentage of the remaining mortgage balance.

OPTIONAL: Moving costs

This isn’t completely related with costs to selling your property. However, you are selling your home after all so you have to spend some cash in moving to a different location, whether a new home, or temporary housing. On average, moving costs will be 1%-2% of your sales price of you consider transition and overlap along with it.

Let’s see a summary of the fees that we’ve discussed so far:

Sales Price (Detroit Average)



% of sales price


   Home Inspection



   Home Improvements and Renovations










   Seller’s Concession




   Closing Costs




   Moving Costs





As we’ve mentioned, the amount varies on several factors but these are the common ones you would most likely encounter when you sell your home. For first-time sellers, they might be in for a surprise, when they realize the different costs a Seller will incur when selling their house. 

If only there was a way to sell your house AS IS.

Well, guess what? You’re in luck! SellUsHomes is a non-judgemental buyer who does just that! NO repair costs, NO realtor expenses, NO closing costs, and NO escrow fees. If you want to know more, contact us now at (734) 224-5947 or send us an email on


  1. However, it’s not totally certain whether this is related to Tadalafil or relates to a lot of explanations (people usually had an effect on are often older compared to 50, smoke, have a history of heart problem, higher blood pressure, higher cholesterol levels or have a pre-existing eye problem). Tadalafil is just one of the globe’s finest solutions for impotence, as it aids to address the issues successfully without creating any kind of undesirable adverse effects in the client. Much less significant negative side effects might consist of acid indigestion, headache, face flushing, muscle discomfort and some others. You have an opportunity to care less compared to all those individuals, due to the fact that you are getting an instantaneous access to ideal resource of information on many reputabled areas offering tadalafil singapore for sale. This disease influences millions of males on the planet every year and can be triggered by a combo of different aspects. Nitrates (nitroglycerin, isosorbide dinitrate, isosorbide mononitrate and some leisure drugs) must not be incorporated with particular medications, especially Tadalafil. Erectile dysfunction could turn into a far more major problem unless the client takes certain measures to avoid that.

  2. A lesser or greater dosage may also be required if you are visiting take how to get tadalafil along with seizure medications, doxazosin, heart, blood or imatinib tension medications, antidepressants, anti-biotics, diclofenac, HIV/AIDS medication, rifampin, isoniazid, antifungal medicines, or conivaptan, as otherwise either of your therapies may come to be less efficient. It’s constantly a great concept to get Tadalafil in mass, considering that the opportunities are, you will certainly need to be taking it all the moment, every time before you are having sex. Tadalafil (Cialis) is a great way to deal with impotence, as it supplies for around 36 hours of efficiency (numerous times much longer than any kind of various other impotence procedure medicine) from the moment you take it. One point we can tell you now is that there is no explanation to stress regarding things like that. Tadalafil functions by increasing blood circulation to the cells of the penis and gets rid of erectile dysfunction in the majority of situations whatever it was triggered by. Your doctor will likewise need to be made aware of you have any wellness troubles that might have an effect on the preliminary dosage you are prescribed, especially uneven heart beats, intense eyesight loss, reduced blood stress, sickle cell anemia, flawed penis shape, leukemia, numerous myeloma, heart liver, kidney or failing problems, breast pain, a hatred Cialis, retinitis pigmentosa, a record of a cardiac arrest, movement or high blood pressure.

  3. An overdose of this medicine is not anticipated to be dangerous, you will certainly still require to mention it to your neighborhood emergency center for your signs to be gotten rid of. As you can see the symptoms are very like the mild adverse effects that are cost of 5 mg tadalafil pillsin some cases mentioned. In case of having any of the negative effects discussed over you have to contact your doctor as early as feasible. More individuals discover it hassle-free, and they do incline the truth generic medications are offered online.

  4. Such disorders as a record of a movement or a heart strike may be a contraindication. buy tadalafil 20mg price (Cialis) is made use of by men of any kind of age to deal with impotence regardless of what it was caused by. Take the specific dose recommended by your medical professional. When making use of Tadalafil on the as-needed basis, you will certainly have to hang around for at least 24 hours before taking another amount. Before starting the procedure it’s essential to review all the details with your health treatment provider making certain you do not have any kind of contraindications and the amount you are suggested will certainly be effective and secure. While it is not known for certain whether these outcomes can cause by taking PDE5 inhibitors, it’s recommended to find instant clinical assistance in situation you experience the symptoms pointed out above.

Leave a Reply

Your email address will not be published.