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URL:https://www.learndesk.us/class/6271362765160448/lesson/f4201b03724365f6740826d966780f34?ref=outlook-calendar
SUMMARY:Seller's Net
DTSTART;TZID=America/Los_Angeles:20260527T190000
DTEND;TZID=America/Los_Angeles:20260527T200000
LOCATION:https://www.learndesk.us/class/6271362765160448/lesson/f4201b03724365f6740826d966780f34?ref=outlook-calendar
DESCRIPTION: Formula: Seller’s net = Sale Price - (sale price x commission) - Other closing costs - Loan balance
Example: A home sells for $260,000 and has a loan balance of $200,000 at closing. The commission is 7% and other closing costs are $2,000. What is the seller’s net?
Seller’s net = ($260,000 - (260,000 x .07) - 2,000 - 200,000) = $39,800

https://www.learndesk.us/class/6271362765160448/lesson/f4201b03724365f6740826d966780f34?ref=outlook-calendar
STATUS:CONFIRMED
SEQUENCE:3
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