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Eastpointe, Macomb County

Double Closing in Eastpointe, MI

Compare wholesalers & investor services who handle double closing in Eastpointe, see what the job includes, and get free quotes in minutes.

Double Closing in Macomb County
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Double Closing in Eastpointe

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The job

What double closing usually includes

  • Two purchase agreements: seller to wholesaler, wholesaler to end buyer
  • One title company coordinating both closings
  • Funding source for the first closing identified in writing
  • Two deeds recorded with the county Register of Deeds in order
  • Separate settlement statements for each transaction
  • Property Transfer Affidavit filed after each transfer
Price

What drives the cost of double closing in Eastpointe

  • Two sets of closing costs, title fees and recording fees
  • Transfer taxes on each transfer
  • Transactional funding fees if the wholesaler borrows for the first closing
  • Title insurance on one or both transactions
  • The spread between the two contract prices
  • Delays if the end buyer is not ready to close
  • The age of the home: the typical Eastpointe home was built around 1954, so older materials, lead-safe rules and hidden damage can add time

Before you hire in Eastpointe

Lead-safe work rules apply to most homes

The typical home in Eastpointe was built around 1954. Painting, window, siding and remodeling work that disturbs paint in homes built before 1978 must follow the EPA lead-safe (RRP) rule. Ask any contractor for their RRP certification before work starts.

Older plumbing and sewer lines

78% of homes here were built before 1960, when cast iron drains, clay sewer laterals and galvanized supply pipe were standard. A sewer camera inspection before buying or remodeling is cheap insurance.

Permits: check with the Eastpointe building department before work starts.

Compare quotes

How to compare double closing quotes

  • Ask which title company will handle both closings and call them yourself.
  • Confirm how the first closing is funded.
  • Read both contracts for inspection and cancellation terms.
  • Ask how transfer taxes and title fees are split.
  • Get the process explained by an attorney if it is your first double closing.

Other wholesaler services in Eastpointe

Double Closing near Eastpointe

Double Closing in Eastpointe: FAQ

With an assignment, the end buyer takes over the contract and closes with the seller. With a double closing, the wholesaler buys the property and resells it, so there are two closings and two deeds.
You pay closing costs twice. The total depends on title fees, transfer taxes, recording fees, title insurance and any transactional funding.
Buying and reselling property is legal, but disclosure, licensing and lender rules can apply. Have a Michigan real estate attorney review the deal.
Compare the pros on this page, starting with verified and claimed profiles, or send one free request and it goes to pros who serve Eastpointe.
It depends on the scope. Ask the Eastpointe building department, and expect a licensed contractor to pull any permit the job needs.

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2026 lists

The 2026 list

For wholesalers: be one of 5 on the Best Wholesalers for Double Closing in Eastpointe of 2026 list5 of 5 spots left
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