What could you
take away from a sale?

Put the estimate in context.

Net proceeds are sale price plus seller credits, less payoffs and seller costs paid at closing. A negative result means the entered costs exceed the funds available in this scenario. It is not the same as a tax gain or loss.

A mortgage payoff can differ from the balance on your statement. Confirm a dated payoff and the transaction’s actual expenses rather than assuming a percentage covers everything. Avoid counting the same credit or expense in more than one field.

Review a selling scenario with Garrett →