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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 
Which famous home designed by Thomas Jefferson showed forms of Greek and Roman architecture?

A 
Monticello, begun in 1769, was later enlarged in keeping with its classical forms.
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Teresa Santana, P.A., REALTOR®, real estate agent and broker for Weston, Pembroke Pines and Miramar, Florida home listings, property and land for sale - NUMBER1EXPERT(tm)

Teresa Santana, P.A.
RE/MAX

4301 S. Flamingo Road Suite 101
Davie, FL. 33330
Phone: 954-873-1586
Fax: 954-337-2601
Email: tsantana@live.com

As a top producer of REMAX, I specialize in Luxury Home Estates located in good school district. My strongest attribute is my honesty and dedication to my job. For buyers, listening carefully to their likings. For Sellers, it's my one on one attention to details from the marketing, contract execution, to following up. I guarantee satisfaction!

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