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Lyon Township, Oakland County

Double Closing in Lyon Township, MI

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

Double Closing in Oakland County
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Double Closing in Lyon Township

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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 Lyon Township

  • 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 Lyon Township home was built around 2003, so original parts may be near the end of their life

Before you hire in Lyon Township

Newer construction

39% of homes were built since 2010. Many are still inside builder or manufacturer warranties, so check coverage before paying for a repair.

Mid-century and newer systems

Most homes here date from 2003 or later. Original furnaces, water heaters and roofs from that era are well past their service life, so replacement planning matters more than repair.

Permits: check with the Lyon Township 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 Lyon Township

Double Closing near Lyon Township

Double Closing in Lyon Township: 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 Lyon Township.
It depends on the scope. Ask the Lyon Township 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 Lyon Township of 2026 list5 of 5 spots left
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