Understanding Your Numbers

Not every line on the page is uncertain in the same way. Knowing which is which tells you how much the bottom line can still [...]

The figure at the top is Estimated Cash to Close: everything you owe at the closing table, less what you have already paid or been [...]

Some costs are billed for a whole year but the property changes hands partway through it. A proration divides that cost at the closing date, [...]

They are two different documents produced at two different moments, and only one of them is final. A net sheet is prepared early, often before [...]

A seller net sheet estimates what a seller would walk away with after the costs of closing, at a particular sale price. Someone in your [...]

The sheet resolves to one calculation: sale price, minus deductions, plus credits. The figure at the top is that result; everything beneath it is the [...]