Build a net sheet
Start with an assumed sale price. Subtract the actual payoff quote, negotiated brokerage compensation, settlement expenses, agreed credits and repair spending. Neo’s net-proceeds tool lets you enter each assumption separately. A positive result is an estimate, not available money.
Use a payoff quote
The number in an online mortgage account may not be the amount needed to release a lien on the planned closing date. Request a dated payoff from the servicer through the settlement team. Include other liens and obligations with professional help.
Compare offers after costs
A larger headline offer can leave less after credits, repairs and the cost of carrying the home. Compare the terms and likelihood of closing as well as the modeled proceeds. A cash offer can still include conditions; read them rather than assuming cash means certainty.
Reconcile with settlement
Review the final settlement documents with your settlement provider. The CFPB’s Closing Disclosure explainer provides background on how transaction charges are displayed. Tax consequences, liens and transaction-specific adjustments require separate review. Consumer Financial Protection Bureau ↗
Reviewed September 11, 2026. Education only; your circumstances and written agreements matter.
Consumer Financial Protection Bureau · Closing Disclosure Explainer ↗