Home

Figuring Out Your Net Proceeds for your Kansas City Area Home Sale

Using His Extensive Real Estate Experience, Scott Vulgamott Will Prepare Estimates For Your Home Sale

Market value is determined my a variety of factors, including the location of your home. For the past 18 years, Kansas City Realtor Scott Vulgamott has been selling homes throughout the Kansas City Northland, including Gladstone, Parkview, Platte City, Kearny, Smithville, and St. Joseph so he has insight as to what your home will bring in the current market. Once Scott V. gives you a seller's net estimated proceeds worksheet, you can get a rough idea of what your actual estimated proceeds will be at closing.  He'll even give you a few scenarios based on various sales prices you may end up with. This can be particularly useful as you start looking for another home to buy. Included in the seller's net estimate proceeds worksheet are potential variables that may affect your net proceeds including:

  • Payoff figure on your present loan(s)
  • Title insurance policy
  • Escrow closing fee
  • Broker's commission
  • Home association dues
  • Any prepayment penalty on your mortgage
  • Unpaid property taxes

In addition, Scott V. can tell you whether it is customary to expect the buyer or seller to pay for the following items:

  • Title insurance premium
  • Transfer taxes
  • Survey fees
  • Inspections and repairs for termites and the like
  • Recording fees
  • Homeowner Association transfer fees and document preparation
  • Home protection plan
  • Natural hazard disclosure report

As far as closing costs are concerned, you and your eventual buyer may agree on any arrangement that suits you, no matter what local practice dictates. Kansas City Realtor Scott Vulgamott will assist you in estimating what your final closing costs will be.

Scott Vulgamott

1999101860 Cell: 816.916.7272 Office: 816.777.5462

Scott V. Sells K.C.

7020 NW 83rd Terrace
Kansas City, MO 64152
816.777.5462