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--Jimmy, age 29
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Real Estate Tips

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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	What is a VA home loan?
A	The Office of Veterans Affairs guarantees small or no-down payment mortgage loans made by lenders to U.S. veterans.
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Fawn Brents, REALTORŽ, real estate agent and broker for Lee's Summit, Raymore and Kansas City, Missouri home listings, property and land for sale - NUMBER1EXPERT

Kansas City Real Estate, Inc.
E-mail - infokansascityrealestate@gmail.com
14 SW 3rd St.
Lee's Summit, Missouri 64063
Office: 816.246.7700
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Fawn Brents: 816.728.8688
John Brents: 816.830.9919
Jennifer Brents Dove: 816.260.8884
At Kansas City Real Estate, Inc., we know Kansas City! You can rely on our expertise and market knowledge to navigate you through the sale or purchase of a home. If you are a Seller, our proven marketing plan can help you sell your home in record time. And if you are a Buyer, all of our agents are can assist you in finding the Kansas City community that fits your lifestyle. Call...stop in...e-mail us today!

Fawn Brents, CIPS, ABR, SFR, GRI, CRS,CSP, e-PRO
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John Brents, GRI
john@kansascityrealestate.com
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Jennifer Dove
jennifer@kansascityrealestate.com
816.260.8884,

Janet Wehmeir
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816.718.7100

Keith Wehmeir
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816.506.0000

Larena King
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816.550.6987

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