Net Sheet Proceeds
Friday, September 05, 2008
When an offer is received on one of our listings, we make a net sheet for the sellers. A net sheet will show them what the proceeds will be.
To often the seller has to bring money to the closing when it used to be the buyers bringing money to the closing. Sellers need to remember that what they paid/owe on their home doesn't always equal the value of their home and buyers need to realize that sometimes a seller can't accept a low offer.
If you decide to buy a home & can't bring money to the closing, how do you know that the sellers can?