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property sales in Hampstead, West Hampstead, South Hampstead and Hampstead Village

Determining Your Net Proceeds

In evaluating purchase offers, you need to know what the buyer's position is as regards chains and mortgage or cash purchase. If you’re lucky enough to get two competing offers, you may find that sometimes the highest offering price may not be the best offer if one buyer is in a chain and the other is not and proceed immediately (there may be less chance of any glitches etc). Equally if the highest offer buyer has to to through all the steps to get a mortgage and the other buyer is a cash buyer the cash buyer may be a simpler choice and more certain choice if you are in a buying chain and so under pressure for time yourself.

To calculate your net proceeds from any given offer, you subtract the following amounts:

• Payoff amount on present mortgage;

• Any other liens (equity loan, county court judgments);

• Mortgage arranger's commission;

• Legal costs of selling (solicitor);

• Transfer taxes;

• Unpaid property taxes and water bills;

• If required by the contract: cost of survey, buyer's completion costs, repairs, etc.

• If you have an account for local property tax bills and homeowners insurance premiums with your mortgage lender, you may be entitled to a refund upon the sale of your home, which you should add to your net proceeds.

Property for Sale in West Hampstead

If you are thinking about selling a property in the Belsize Park, Brondesbury, Childs Hill, Cricklewood, Fortune Green, Hampstead, Hampstead Village, Hocroft Estate, Little Venice, Kensal Rise, Kilburn, Maida Vale, Mapesbury Estate, Queens Park, St. John's Wood, South Hampstead, Swiss Cottage, West Hampstead and Willesden Green areas of North West London, then please Follow the link for more estate agency information

We can prepare a free market appraisal of your West Hampstead property and a property marketing campaign

West Hampstead Property Valuations

As estate agents, our job in residential sales is to sell your property for the best price. The first step in doing that is to value it. more on West Hampstead property valuations

West Hampstead Property Marketing

Paramount Properties are very active in the marketing and selling of unique homes of individuals as well as acting for development companies and institutions. more on West Hampstead property marketing

Selecting an Estate Agent in West Hampstead

Selecting the right west hampstead estate agent is an important part of the home buying process and should not be taken lightly more on evaluating estate agents in West Hampstead

 

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