Seller Finances Course
Understand the costs, credits, payoff, and closing figures that determine what actually reaches your bank account.
A useful net estimate begins with a realistic price range, not the number you hope to see. Compare condition, location, recent sales, and current competition.
Write down a conservative, likely, and optimistic sale price.
Equity is the difference between value and debt. Proceeds are what remains after selling expenses, credits, taxes, title charges, and other deductions.
Use your current mortgage statement to enter the estimated payoff, not the original loan balance.
Brokerage compensation, buyer credits, repairs, and certain contract expenses depend on the deal. They should be visible and editable, never treated as invisible fixed charges.
Model at least two scenarios so you can see which costs have the biggest impact.
Title policy premiums, transfer fees, recording, tax prorations, and settlement charges can materially change the estimate. Local numbers beat generic national percentages.
Review the automatically calculated Ohio costs and adjust any property specific items.
A single net number can create false certainty. A range shows what happens if price, credits, repairs, or timing move before closing.
Save the low and high estimates you would be comfortable using for your next move.
Your next step
Use the connected tool now, then bring the result to Justin for a local second opinion.