|
Overall Position |
| Present Position |
Potential Position |
| Homestead Home |
Cash down payment at closing Income stream going forward |
| Property Liability |
No Property Liability |
| Property Repairs |
No Property Repairs |
| Property Taxes |
No Property Taxes Tax Advantaged Sale of Property |
| |
|
Income Position |
| Present Position |
Potential Position |
| |
Cash at close = $ |
| Ongoing Taxes (est) $100/month = $1200/yr |
Ongoing Taxes = 0.00 |
| Ongoing Insurance (est) $100/month = $1200/yr |
Ongoing Insurance = 0.00 |
| Estimated Taxes/Insurance = $2400/yr |
1st Year income = $ (Cash at closing + Note Payment) |
| |
Ongoing Income = $/yr |
| |
|
Traditional Sale via Realtor |
| Present Position |
Potential Position |
| Selling home in Declining/Stagnant Market |
Loss of Equity via Pricing, Commissions, Time on Market |
| Offer on table for $ |
$ minus 6% Commissions = $ unknown |