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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 amenity do 48% of all homes in the new housing market have?
A	48% of all newly-constructed homes now have 2 1/2 baths or more, up from 1985 when only 29% had more than 2 baths.
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Maurice Vaughn, REALTORŽ, real estate agent and broker for Clarksville, Montgomery County TN and Fort Campbell, KY, Tennessee home listings, property and land for sale - NUMBER1EXPERT

Maurice Vaughn / The Vaughn Team
BetterHomes&GardensReal Estate HometownConnection
108 Center Pointe Dr.
Clarksville, TN 37040
Office: 931-245-6733
Company: 931-245-2050
Toll Free: 1-877-VAUGHN9
MVaughn@TheVaughnTeam.com
Over the years, Maurice has witnessed many changes and much growth in his hometown, but he knows the core values by which he was raised-independence, integrity, determination-will always remain the same. Maurice's spirit of dedication to Clarksville is always on display through his work with community groups like the Salvation Army, the Relay for Life, cookouts for Little League teams and his passion for history. Family is also a top priority for Maurice and he loves to spend time with his children and his wife Terri, at one of the nearby lakes. Perhaps nowhere is Maurice's appreciation for the spirit of Clarksville more apparent than in his career as one of the area's most experienced real estate professionals. For more than 22 years, Maurice has been the trusted source to whom more people turn when the time comes to buy or sell a home. With his knowledge of the area, business savvy and dedication to his clients, he's truly made a name for himself in the Clarksville real estate market. No matter what your real estate needs, turn to Maurice Vaughn and experience The Spirit of Clarksville. -Maurice Vaughn

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