Rough Estimate of Sale Proceeds
First a very rough estimate of selling costs. Think 10%. It will likely be less. 8.5% being more common. This includes commission, title insurance, contribution toward a home warranty, Seller-side closing costs and fees. There might be repairs negotiated, an appliance to replace, or any of dozens of other considerations.
At the early stages, 10% make a nice simple number.
Thinking of asking $400,000? Assuming a net of $360K works for deciding if now is the time to sell. That's net before any debts like a mortgage or unpaid taxes, of course.
When an offer comes in, each will be evaluated with a more specific estimate of net proceeds. Even those are based on assumptions. Some fees vary.
If you prefer a very detailed estimate up front, we'll be happy to provide one.
At the early stages, 10% make a nice simple number.
Thinking of asking $400,000? Assuming a net of $360K works for deciding if now is the time to sell. That's net before any debts like a mortgage or unpaid taxes, of course.
When an offer comes in, each will be evaluated with a more specific estimate of net proceeds. Even those are based on assumptions. Some fees vary.
If you prefer a very detailed estimate up front, we'll be happy to provide one.
