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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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Q	Which house over 100 years old still holds the title as the largest house in the U.S.?
A	The 250-room Biltmore House in Asheville, NC, built 1890-1895 at a cost of $4.4 million, is the largest house in the US.
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Barry and Diane Upchurch, REALTORŽ, real estate agents and broker for Chesterfield, Town and Country and West St. Louis County Missouri home listings, property and land for sale - NUMBER1EXPERT(tm)

Barry and Diane Upchurch
Barry Upchurch Realty
173 Long Rd. Suite 108
Chesterfield, MO, 63005
314-878-1900
636-530-7727
Fax 1: 636-530-7797
Fax 2: 314-878-1903
upchurch@NUMBER1EXPERT.com
Exceptional Properties . . .Exceptional Service! thats what Diane and Barry Upchurch are all about! Discover the fastest growing real estate team in St. Louis County. We believe in providing guaranteed service with the highest level of integrity. Our vast experience, knowledge, proven results and attention to detail will ensure your satisfaction. Contact us today . . . well make your dream home become a reality for you! Ranking in the top ˝ % of Realtors in St. Louis, Barry and Diane have both earned the CRS (Certified Residential Specialist), ABR (Accredited Buyers Representative) and GRI (Graduate of the Realtors Institute) credentials. With over $75 million sold, we thank our past clients for the steady stream of referrals and repeat business.

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NUMBER1EXPERTS™ in real estate for Chesterfield, Town and Country and West St. Louis County, Missouri

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