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Closing Proceed- SC Seller Net Proceeds Worksheet


🏡 Seller Net Proceeds Worksheet


Use this worksheet to estimate your proceeds from the sale of your property. This is only an estimate. Actual fees may vary and must be varified by the closing attorney.


Calculating Closing Cost for Real Estate in South Carolina with Locke and Key Associates

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Step 1: Enter Sale Information


| Estimated Sales Price $___________

| Existing Mortgage Payoff (1st) $___________

| Existing Mortgage Payoff (2nd/HELOC) $___________

| Total Loan Payoff = (Add above lines)

| Realtor Commissions (6%) $___________


➡️ *Tip: Multiply sales price by 0.06 to estimate total Realtor commission.*


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Step 2: Estimated Seller Costs


| Attorney Fees (Typical: \$500–\$1,200) $___________

| Deed Preparation (Often included in above) $___________

| Deed Stamps (Sales Price × \$3.70 per \$1,000) $___________

| Termite Letter (Optional, if needed) $___________

| Repairs or Concessions to Buyer $___________

| Home Warranty (if provided) $___________

| HOA Transfer Fees (if applicable) $___________

| Other Closing Costs $___________


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Step 3: Calculate Net Proceeds


| Estimated Sales Price $___________

| Minus: Total Loan Payoff $___________

| Minus: Realtor Commissions (6%) $___________

| Minus: Total Estimated Seller Costs $___________

| **Estimated Net Profit / Proceeds** $___________


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📝 Notes:


**Deed Stamps** (aka documentary stamps): Required in SC and equal to $1.85 per \$500 of the sale price, or \$3.70 per \$1,000


**Attorney Fees** are customary in South Carolina real estate closings and can vary depending on the firm.


**Home warranties**, **HOA documents**, and **repairs** can be negotiated in the contract.


*Always verify payoff amounts with your lender(s).


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✅ Next Steps:


1. Review this worksheet with your Realtor or closing attorney.

2. Update figures as offers come in and inspections are completed.

3. Use this to help you plan your next move or reinvest your proceeds.





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