to Sell Your House Using a Realtor
And What Will You Net?
Traditional Way?
Here are the facts!
This page will help you calculate your "net" equity if you sell your house the
traditional way (using a Real Estate Agent). Enter the price you think your house
could sell for, how much you owe roughly, and what you think the repairs will cost to
make it saleable on the retail market. Then figure your costs, and how much you
would net (the sale price minus costs).
You will be surprised!
It is expensive and time-consuming to sell a house. We can bypass this whole
process and buy your house as quickly as you would like to sell, and for ALL CASH
and AS-IS!!
Take out a piece of paper, pencil and calculator, and discover what your ACTUAL "net"
profit really is. These costs generally range from 15% to 20%. It's called "Dead Equity".
Listing Price: What do you think your home would realistically sell for? $__________
Actual Selling Price: Subtract 3% for buyer negotiations (average). -$__________
Realtor Commission: Subtract 6-7% (average). -$__________
Closing/Transfer Costs: Subtract 2-3% (average). -$__________
Monthly Mortgage/Loan Payments, Up-keep & Maintenance,
Utilities Bills, Taxes & Insurance Costs: Subtract 3% (average). -$_________
Repairs, Fix-up & Up-Dating Costs to sell your house
in excellent retail condition: Subtract Contractor's estimate. -$__________
Buyer's "Home Inspector" Negotiations: Subtract 1% (average). -$__________
NET SALE: = $__________
1st Mortgage (if any): Subtract loan balance. -$__________
2nd Mortgage (if any): Subtract loan balance. -$__________
Loans, Liens and Judgments (if any): Subtract balances. -$__________
Back Taxes Owed (if any): Subtract taxes. -$__________
Back Payments and Late Payment Fees (if any): Subtract payments. -$_________
Lawyer Fees (if facing foreclosure): Subtract fees. -$__________
Pre-Payment Penalties on Loans (if any): Subtract penalties. -$__________
TOTAL EQUITY (if any): (- / +) $__________
(This is a rough idea of what you can expect to collect or pay at the closing table).
You don't need to pay all these costs. We do not charge any commission or fees. We can
pay all CASH and we will take the house AS-IS!
