Michigan title & closing
Beycome Title closes home sales in Michigan for a flat title fee of $245, or $199 for sellers who prepay at checkout on beycome.com.
What you pay at closing in Michigan
Our fee is the title fee above. The other title costs are set by the state, the county or the insurer, and every one of them is itemized on your closing statement before you sign.
Michigan charges a state real estate transfer tax of $3.75 per $500 of value (MCL 207.526) and a county transfer tax of $0.55 per $500 (MCL 207.505), or $8.60 per $1,000 in total. By custom the seller pays both. On a $300,000 sale that is $2,580.
By custom in Michigan, the seller pays for the owner's title policy and the buyer pays for the lender's policy. It is negotiable, and the purchase agreement decides.
Michigan property taxes come in two bills a year, summer and winter, so the closing statement prorates whichever bill covers the closing date between buyer and seller.
Our 2-minute online quote covers Florida and Texas for now. For an estimate in Michigan, submit your contract or book a 15-minute call with the title team.
Licensed in Michigan
- Company
- Beycome Title LLC
- NPN
- 22311249
- Michigan license
- 0163055
- Underwriter
- Old Republic National Title Insurance Company
- License address
- 3100 Clarendon Blvd, Suite 630, Arlington, VA 22201
- [email protected]
- Phone
- 804-331-0805
- Hours
- Mon–Fri, 9am–5pm Eastern time
Selling or buying in Michigan?
Sellers can list on the MLS for a $99 flat fee with Beycome, then close with Beycome Title. Buyers can get up to 2% back with the Beycome buyer program. More guides on the Beycome blog.
Questions about title in Michigan
How much does Beycome Title charge to close in Michigan?
Our title fee in Michigan is $245. Sellers who prepay it at checkout on beycome.com, when they list, pay $199 with Prepaid Pricing. Title insurance premiums, recording fees and transfer taxes are separate and listed on your closing statement.
What is Prepaid Pricing?
Prepaid Pricing is a lower title fee for sellers who pay it upfront at checkout when they list on beycome.com, the same way it works in Florida. In Michigan it is $199 instead of $245, a $46 saving. Once the listing is active on the MLS the full price applies, and buyers pay the full price.
Who pays for the owner's title insurance policy in Michigan?
By custom in Michigan, the seller pays for the owner's title policy and the buyer pays for the lender's policy. It is negotiable, and the purchase agreement decides.
Is Beycome Title licensed in Michigan?
Yes. Beycome Title LLC (NPN 22311249) holds Michigan title agency license 0163055. We open files in Michigan statewide.