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Cost of closing if I pay in cash in Lenawee cnty?

I'm planning to bid $50,000 and hopefully win a foreclosed home up for auction in Lenawee Cnty. How could I get an idea of closing cost? will pay cash, seller will provide taxes paid up to the day of closing and clean title.Thank you
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September 18 2012 - Brooklyn
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You might want to contact a local title company (or two) for a quote on the buyers portion of a title policy and what their closing costs are.

Be sure to read the auction terms carefully and fully. Sometimes there are buyers fee's, commissions and transfer fee's. See if you are allowed to use your own title company for the buyers side of the closing.
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September 18 2012
I agree with reading the contract - sometimes the auction company charges a % (some 5%) buyers surcharge (or some other name) and have other fees tacked on.  We have even saw some traditional title fees  that normally paid by the seller in the auction contract is paid by the buyer.

You should have a title company assigned to the file.  Ask them for an 'estimated settlement sheet'.
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September 18 2012
 
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Cost of closing if I pay in cash in Lenawee cnty?
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