How much will you net at closing?

When you receive an offer to purchase your home, I will help you to determine what you’ll net at closing. In order to do this, I’ll look over the terms of the contract, as well as ownership information, 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
  • Recording Fees
  • Survey Charge
  • Septic / Well Certification
  • Brokerage Commissions
  • Seller Contribution to closing costs or repairs

Not all of these items are part of every home sale, so I’ll review these costs with you and determine approximately what you can expect to net at closing.