How do I figure out what my net proceeds will be after the sale of my home?

How do I figure out what my net proceeds will be after the sale of my home?

John Caliendo (Realtor) gives expert video advice on: How do I figure out what my net proceeds will be after the sale of my home?

Well, the net proceeds are a direct function of what the sale price is, and what your local municipality is charging you in terms of county transfer tax, city transfer tax, city report, what the brokerage fee is going to be, what the extent of the termite work or pest control corrective work could be.So my point is there's a host of factors that could factor in; but in my experience, sellers are usually looking anywhere from five to seven percent on average as a closing cost.