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Closing or Settlement >Net Sheet for Sellers
When you consider what price you should accept when selling your home, there are two important factors that will influence your decision. The first factor is the basic sales price. The second, and more important, is the amount you will actually receive from the proceeds at the closing.
Your real estate agent will prepare a seller's "net sheet" showing what your expenses will be. This will aid you in determining who pays what and when. It can help you to focus on the details of the sale.
A seller's expenses will include brokerage fees, real estate settlement fees, title insurance fees and special assessments. In some cases the buyer may ask you to pay some of the loan fees. Local real estate taxes will be pro-rated for you and the buyer, and you may be asked to place funds in escrow for payment of your final water bill. Subtract your mortgage balance any home improvement loans and other liens against the property that will be paid at the closing to come up with your final figures.
Your real estate agent can go over all of these factors with you when you list your home for sale and again as offers come in.
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Upon completion this year, what will be the tallest residential building south of New York and east of Chicago?
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Located in Biscayne Bay, Florida, the $120 million, 51-floor luxury condominium will be called The Santa Maria. |
See More Real Estate Trivia > |
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Aviva Frumer PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY 1022 Closter Dock Rd. Alpine, NJ. 07620 Phone: 201-745-8842 Fax: 201-569-1162 Email: avivafrumer@NUMBER1EXPERT.com
Residing in Bergen County since 1965, Aviva has acquired a deep personal knowledge of this locale. Her own life experience has given her a unique perspective on the special needs of her domestic and international clientele.
"I am exceptionally dedicated to serving my clients promptly and effectively. I take special pride in having brokered over $10 million in residential sales last year. I am sensitive to the personal needs of each of my clients. I am committed to helping each of them satisfy their particular needs and achieve all of their goals."
  
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