When selling a home in the Southern Ocean County Real Estate market it is important to review the costs associated with selling a home and see what the actual net proceeds will be. This is an important step when selling a home.
Download the Seller Net Proceeds worksheet below.
This is the price the buyer is willing to pay for the home. It is from this number that all additions and subtractions will take place to determine the final net proceed.
These are the costs associated with selling the home. These numbers will vary depending on your own situation. Some are percentages based on the sale price of the house and may not apply if a home is a primary residence.
This is the actual cost of owning the home during the escrow period. If an offer is made with a very short closing period the savings in carrying costs can be significant and can in some cases justify a lower offer.
These are numbers that are paid back to the seller. This will be based on when the house actually closes and reimburses the seller for bills he or she have already paid.
This is the ACTUAL number you will walk away from the closing table with. This is the number to focus on!
Remember, all that really matters is what the net proceeds are. Sometimes this will actually be a lower offer with better terms. It is important to review all the data and numbers to determine if an offer makes sense or not!