When you receive an offer to purchase your home, I will help you to determine what you’ll net at the close. In order to do this, I will look over the terms of the contract, as well items such as your mortgage payoff, and insurance and/or tax prorations.
To find out how much money you’ll net from the sale of your house, add up your closing costs and subtract from the sale price of your house. Here is a list of closing costs that you may incur as a seller:
- Mortgage Payoff
- Prorations for Taxes
- Prorations for Association Dues / Utility Dues
- Escrow Fees
- Title Policy Fees
- Home Warranty
- Septic / Well Certification
- Brokerage Commissions
- Seller Contribution
I will review these costs with you, and provide you with an Estimated Net Proceeds sheet so you can see approximately what you can expect to net at closing.