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McKinney, Allen and Frisco Information:

  • About McKinney - Moving to McKinney, Texas? Get info here...

  • About Allen - Moving to Allen, Texas? Get info here...

  • About Frisco - Moving to Frisco, Texas? Get info here...

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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 area in the United States has the highest per capita income?

A 
The New York/New Jersey/Long Island area has a per capita income of over $750,000, according to the most current available U.S. census data.
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The Milstead Team, REALTOR®, real estate agent and broker for McKinney, Allen and Frisco, Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Holly Milstead
The Milstead Team

6951 Virginia Pkwy, Ste. 100
McKinney, TX 75071
214-544-7653
Fax: 214-544-1177
MilsteadTeam@NUMBER1EXPERT.com

Real Estate has been the ONLY career I have ever had and therefore, I have created a fantastic team of agents out of my love and caring for my clients. The team and I pride ourselves on never selling anyone anything we would not be proud to sell for them.

ABR CRS GRI Equal Housing REALTOR MLS


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