Buying/Selling Your Home and Other Real Estate

Worksheet: Estimated Sales Proceeds

Use the following worksheet to estimate the amount of cash you'll have available when the sale of your home is completed.

 

Selling Price of Home

$___________________

Less: Payoff of All Mortgages

____________________

Less: Other Lien Payoffs

____________________

Less: Spruce-up & Repair

____________________

Net Equity (A)

$___________________

Less Closing Costs:

Real Estate Commission at _____%

$___________________

VA Points (or points you agree to pay)

____________________

Attorney Fees

____________________

Adjustments for Taxes, Fuel, Water, etc.

____________________

Filing and Recording Fees

____________________

Realty Transfer Taxes

____________________

Mortgage Release Fees

____________________

Photocopying & Messenger

____________________

Protection Plan or Guarantee

____________________

Allowance for Corrective Repairs

____________________

Termite Inspection on VA Loans

____________________

Other

____________________

The following are typically buyer's costs, but you may negotiate to pay them as part of your deal.

 

Title Fees

____________________

Engineer's Survey

____________________

Credit Check

____________________

Home Inspection

____________________

Appraisal

____________________

Other

____________________

Total Closing Costs (B)

$___________________

Seller's Net Proceeds (A)-(B)

$___________________


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Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA/SIPC. Investment & Insurance Services at Flagstar Bank is a trade name of Flagstar Bank. Infinex is not affiliated with Flagstar Bank. Certain insurance products are offered through Douglas Insurance Agency, doing business as Flagstar Investment & Insurance Services, which is affiliated with Flagstar Bank. Products and services made available through Infinex are not insured by the FDIC or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any bank or bank affiliate. These products are subject to investment risk, including the possible loss of value.

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