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Real Estate Tips
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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Real Estate Trivia
Q 
What document must lenders provide within three days of receiving your application for financing?

A 
The "Truth In Lending Disclosure Statement" will give you complete financial information about the loan.
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Gary & Cindy Belhumeur, REALTOR®, real estate agent and broker for Denver, Arvada and Westminster, Colorado home listings, property and land for sale - NUMBER1EXPERT

Gary & Cindy Belhumeur, GRI, ABR, CSR, SRES, e-Pro
Home Source Group
7728 Vance Dr., Suite B
Arvada, CO. 80003
Toll Free: 866-295-4977
Local Phone: 303-429-1887
Fax: 303-412-5608
Email - Gary: Gary@HomeSourceInfo.com
E-Mail - Cindy: Cindy@HomeSourceInfo.com

Gary and Cindy Belhumeur are the NUMBER ONE AGENTS in the Denver Metro area. The Home Source Group, owned and operated by Gary and Cindy Belhumeur, is your "One-Stop Real Estate Source". Their experienced Realtors and professional support staff offer "Concierge" service to all of their clients. The Home Source Group represents Buyers or Sellers and offers comprehensive Relocation Services and Financing. Give Gary and Cindy Belhumeur a call and find out why they've been in the Top 1% of Denver Realtors for the last TEN consecutive years! The Home Source Group also specializes in Short Sales and Foreclosures and are HUD Certified Brokers.

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