Estimate Proceeds from Home Sale

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Estimate Proceeds

Estimating Proceeds from Home Sale

There are many factors that go into determining the amount of money that you can ultimately expect from the sale of your home. Your lawyer will be preparing the documents for closing and should be able to help. Here are some of the things that may go into the calculation:

		Amount needed to satisfy 1st and 2nd mortgage
		Interest from 1st day of month to closing
		Property tax from 1st day of month to closing
		Title Insurance
		Discount Points
		Attorney Fees/Document preparation fees
		Recording Fees
		Tax Certification Fee
		Repair allowance
		Escrow Fee
		Funding Fee / Closing Fee
		Messenger & Courier Fees
		Underwriting Fees
		Tax Service Fee
		Termite or other inspection fee
		Survey or photos (if required)


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