SELLER’S NET WORKSHEET
Use this worksheet to estimate your net proceeds after all expenses and closing costs. Simply enter the sales price and deduct all the itemized expenses and costs that apply in order to calculate your net proceeds.
Sales Price
Seller paid Buyers Closing Costs, including Points (negotiable)
Termite / Roof Inspections (seller expense in FHA/VA transactions)
Code Inspection (if applicable)
Misc Expenses (FHA/VA – approx $750)
Termite Treatments & Repairs
Repairs to Warranted Items
Doc Stamps on Deed: Broward & Palm Beach: 0.7% / Miami-Dade: 0.6%
Title Insurance (seller typically pays in Palm Beach county)
Abstract (approx $250)
Attorney Fee (optional)
Closing Fee / Document Preparation (approx $500)
Transfer Fee (assumption only)
Tax & City Lien Search (approx $100)
Real Estate Commission
1st Mortgage Balance
2nd Mortgage Balance, HELOC, etc
Delinquent / Interest / Pre-payment Charges
Recording Satisfaction of Mortgage (approx $100)
Home Warranty Plan (optional)
Proration of Property Taxes (Jan 1st – closing date)
Proration of Association / Sanitation Fees
Special Assessments (if applicable)
Other (courier fees, etc)
Water & Sewer Holdback (approx $100)
Refund of Escrow for Taxes & Insurance (usually received post closing)
Total Cash to (or from) Seller