Sheri Mason, Results That Move You
Sheri Mason
Sheri Mason, REALTOR®
Mel Foster Co. · Licensed in Iowa & Illinois
563.594.9485 · [email protected]

What will you walk away with?

A seller net sheet built for Rock Island County, Illinois. Change any number and your estimate updates instantly. The example figures are a starting point. Replace them with your own.

Your sale

Use the price you expect to accept, not just the list price.

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Professional services fees

Fees are negotiable and set in your listing agreement. Include the buyer's brokerage fee only if you agree to pay it.

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%

Loans to pay off

Use the principal balance from your latest mortgage statement. Your lender's payoff letter will have the exact figure.

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%
Used to estimate interest owed since your last payment.
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%

Property taxes

Illinois taxes are paid a year behind. Last year's bill is paid this year in four installments, so at closing you'll credit the buyer for any of last year's taxes you haven't paid yet, plus this year's taxes so far. Enter the full-year amount from your most recent tax bill (look it up with the Rock Island County Treasurer).

$
% of that bill
Local closers use 100% of the most recent full-year bill. Your purchase contract sets the exact figure.
Filled in from your closing date. Change it if needed.
$

Illinois closing costs

Typical seller costs in Rock Island County, filled in with local estimates. Shaded boxes are calculated for you.

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$0.75 per $500 of price ($0.50 Illinois + $0.25 Rock Island County).
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In Illinois the seller usually buys the buyer's owner's policy. Estimated from the price; your title company sets the exact premium.
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$
Deed, contract review and closing documents.
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Mortgage release and county filing fees.
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Overnight or wire delivery of your payoff(s).

Negotiated costs & extras

These depend on your offer and your home. Leave at $0 if they don't apply.

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$
$
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Mel Foster Co.

This is an estimate to help you plan, not a guarantee. Your final numbers will come from the settlement statement prepared at closing and from your lender's payoff letter. Property taxes follow the usual Illinois method: any unpaid installments of last year's bill plus this year's taxes through the closing date, based on the most recent full-year bill. Your purchase contract controls how taxes and costs are actually divided. Transfer tax assumes no city transfer tax; confirm for your municipality. Fees shown are typical for Rock Island County and can vary by attorney, title company, and lender.

Sheri Mason, REALTOR®, Mel Foster Co. Licensed in Iowa and Illinois.

Estimated net
$0