Seller Net Sheet Explainer: Projecting Your Home Sale Proceeds

As home values steadily increase, many homeowners are looking for ways to cash in on their growing equity. If you’re thinking about selling, you’re probably wondering how much of that extra value will end up in your pocket after all the fees and expenses. A seller’s net sheet is a great way to get a clear idea of what you can expect to take home. Just because you’ve estimated your home value at $500,000 and your mortgage balance at $250,000 doesn’t mean you’ll walk away with the remaining $250,000. It’s not quite that simple. Selling a home costs money, and you’ve got to factor in all the expenses to get an accurate estimate of what your take-home amount will be once the sale is complete. Curious What Your Home Is Worth? Get a near-instant real estate house price estimate from HomeLight for free. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. A seller’s net sheet is a document that estimates how much cash you can expect to walk away with after subtracting fees and expenses from the sale price of your home. In this guide, you’ll come to understand the in...