Rich Burghgraef
REALTOR® | Broker | Team Leader
919-378-1125

What will I walk away with?

Your sale price isn't what lands in your account. Plug in your numbers to see commissions, NC excise tax, your payoff, and everything else that comes out of the sale, then your estimated net. Starting numbers are placeholders, so swap in your own.

The sale

Sale priceThe price you expect to go under contract at.

Estimated closing dateUsed to prorate this year's property taxes.

Due Diligence FeePaid by the buyer directly to you at contract. It's part of the price.

Commissions

Enter the rates from your listing agreement. Commissions are negotiable, and buyer's agent compensation is your choice.

Listing firm compensation

Buyer's agent compensationIf offered.

Loan payoffs

Your lender's official payoff statement includes interest through the payoff date, so it's usually a bit higher than your current balance.

First mortgage payoff

Second mortgage or HELOC

Taxes and closing costs

NC excise tax$1 per $500 of the sale price, paid by the seller.

Attorney and deed preparationSeller-side closing fees.

Annual property taxesCheck the county tax records for your home.

This year's tax bill is already paidIf paid, you'll typically get a credit back for the part of the year after closing.

HOA feesStatement or transfer fees, prorated dues.

Concessions and other costs

Closing cost help to buyerNegotiated in the offer.

Repair creditsFrom the inspection negotiation.

Home warranty for buyerOptional.

Other costsAnything else you've agreed to pay.

Property taxes in NC

Taxes are billed for the calendar year. At closing they're split by date, so you pay your share through closing day.

Payoffs run higher than balances

Interest accrues daily. Request an official payoff statement from your lender so there are no surprises.

Wire fraud warning

Your proceeds are wired to you. Never send bank details by email alone. Confirm by phone with your closing attorney.