The DiCara Home Team at Keller Williams    

353 Broadway 5th Fl

Saratoga Springs, NY 12866

 Call Now ~ 518-588-8859       




Dave was prompt, always answered our calls and always followed thru with what he said he was going to do. After buying and selling many homes with many realtors, he was like a breath of fresh air. brbtown2437 02/19/2018
I was househunting for 2 years and met dozens of agents. When I met Dave at an openhouse, he told me he did things no other agents did and it sounded good but I wasn't sure what he meant. He asked me to give him a chance to show me what he could do. I thought he was being dramatic but I returned his emails and answered some questions. He was able to get me into a house a week before it officially listed and it was the perfect house for me. If I never gave him a chance, I never would have believed. He's very good. Laura G. 03/18/2018
I was forced to move because of a career opportunity, I didn't want to as my family absolutely loved living in Saratoga Springs. I was concerned that because of a strict time constraint, I would be at a disadvantage negotiating the sale of my home. Also, I just didn't have much time to sell. Dave was amazing in getting my home sold for a fantastic price and actually creating urgency among the buyers. He somehow managed to get multiple offers for my home and I was able to move when I wanted for more than I ever thought I would get. Dave and his team were fantastic thruout the whole process. It was a great experience and I recommend him wholeheartedley. John Mancini 02/24/2018
Super professional. Super organized. Masterful negotiator. I was very impressed. James Bedard 11/16/2017
Dave was very knowledgeable and really helped my wife and I figure out what we needed and what we could live without. The building process was overwhelming at first but Dave guided us thru it and made it very enjoyable. If we ever sell he will be my first call. Nancy and George Reardon 08/15/2017
After trying to sell my home for 6 months with another company, with no success, David came in with a plan to get my home sold and put it into action. 3 weeks later my home was under contract and shortly after it was sold and I was on my way. Jasonredman243 11/23/16
Great home buying and home selling experience. You will not get this level of personal attention and dedication elsewhere. Dave and Tammy are with you every step of the way. andijam80 | 04/13/2016
My fiance Charles and I worked with David when buying our very first home together. Right off the bat, he listened to what we were looking for and was completely honest with us every step of the way. David was ALWAYS reachable, never hesitated to answer any of our questions and advised us through tough decisions. We felt comfortable knowing we had complete trust in him throughout the entire process. He never once made us feel pressured and through his actions and negotiation skills, reassured us he had our best intentions in mind. I don't know what we would have done without him! user657820 | 04/13/2016
We were looking for a second home in Saratoga Springs. David and Tammy first carefully went over with us our requirements and desires. They then presented us with possible listings. Over a period of several weeks they took the time to visit likely properties with us and to update the possibilities according to our growing experience. They gave us detailed sketches of the differing neighborhoods and what we could expect if we lived in them. When we decided on the house we were interested in buying, they provided us with selling prices of homes comparable to ours in the same development. They handled the ensuing negotiations with skill and good humor, calming any apprehensions we had about the process and keeping everyone involved in an excellent frame of mind. When we agreed on the price, they found us a top notch building inspector to evaluate the house and inform us as to its condition. The purchase itself went off without a hitch thanks to their meticulous preparation and planning. Throughout the process they acted with the utmost professionalism and care, communicating with us at every step so we knew precisely what was happening at every moment. We can recommend them wholeheartedly and without reservation. vjalp | 04/12/2016
As first time buyer we were nervous to enter this process. But they were really able to help us embrace it and even be happy about the search. Their experience and genuine passion for the job truly make a difference with other realtors we spoke to before. charlie007 85 | 04/12/2016
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Calculating Your Bottom Line

Once you have determined a fair market price for your home, you can calculate your bottom line. This is the amount that you will net (get a check for) after paying all of the expenses associated with selling a home. 

Remember, by selling your home yourself, the only cost you avoid is the real estate agent’s commission. You will still have to pay all of the other closing costs, just like any other seller. 

Closing costs vary from area to area and also depend on how each individual contract is structured. The following are items that you may need to deduct from your sales price to determine your net proceeds: 

MORTGAGES OR LOANS - Any first, second, etc. loans, or mortgages. Also any liens that occurred if you used your home as collateral. Call or write your lender and ask for the amount to pay the loan in full (often not the same as the principal balance). 

LOAN DISCOUNT POINTS - In many areas it is customary for the seller to pay points on the buyers loan. This is negotiable, except on certain government loans. One point is equal to one percent of the loan amount (not sales price). For example, if the sales price was $175,000, and the buyer put a 10% down payment of $17,500, the loan amount would be $157,500. One discount point would be $1,575, two points $3,150, etc. 

PRORATED INTEREST - Mortgage interest is generally charged in arrears. This means that when you make your July payment, you are actually paying interest for June. So if your home sale closes on July 26th , you will still owe interest for 26 days even though you already made your payment on July 1st. 

BUYERS CLOSING COSTS - Many buyers will ask the seller to pay part or all of their closing costs. On some government loans it is required by law that the seller pay them. These costs can include, but are not limited to: loan application fees, credit report, loan origination fee (usually 1% of the loan amount), loan discount points, title, escrow, and attorney’s fees, funding fees, tax service, mortgage insurance premiums, and impounds for taxes, insurance, and interest. 

ATTORNEY FEES - Everyone loves lawyers! 

ESCROW FEES - Escrow companies are disinterested third parties that hold funds, handle paperwork, and make sure that all necessary conditions are met before releasing money or transferring title. 

TRANSFER TAXES/CHARGES - Transfer fees are often charged by state or local governments as a way to increase revenue. They vary widely, and are often based on a percentage of the sales price. 

APPRAISAL FEES - If the buyer is obtaining new financing for the purchase, the lender will require a professional appraisal on the house. This is another negotiable item, but is often paid by the seller in some areas. 

TERMITE INSPECTIONS - Required on some government loans, and requested by many buyers. 

STRUCTURAL/GENERAL INSPECTIONS - Professional independent inspection services are required by law in some areas and often requested by buyers to make them more confident about the purchase. 

TITLE INSURANCE FEES - Title insurance protects the buyer and lender against issues of improper ownership or transfer. The title insurance company will research the title to make sure there are no liens, judgements, or clouds on the title that would effect the ownership rights. 

HOMEOWNER ASSOCIATION FEES - If the area has a HOA, chances are that there will be a fee to transfer from one owner to the next. 

PREPAYMENT PENALTIES - Many private and some conventional loans have specific monetary penalties if the loan is paid off prior to a certain date. 

RECONVEYANCE FEES - This fee may be charged by an attorney or escrow company to clear off the lien on the title when your existing loan is paid off at closing. 

FAILURE TO NOTIFY PENALTIES - Some government lenders can charge one extra months interest if you fail to notify them at least 30 days in advance of your intent to pay off the loan. 

ASSUMPTION FEES - Loans that are being assumed by the buyer often have an assumption fee charged by the lender. 

HOME WARRANTY COVERAGE - Depending on the plan, a home warranty covers items in the house plumbing, electrical, appliances, etc.) for a period of usually one year. 

For a list of specific charges, you can contact a title/escrow office, mortgage lender, or a real estate attorney. Of course, I would be happy to provide you with a net proceeds analysis at no cost or obligation. 

After completing the first two steps in the process, it is entirely possible that you may decide not to sell after all. Perhaps the market values are not what you had thought, and you won’t be able to net enough money on the sale to be able to accomplish your next goal. 

The important thing is to accept the realities of the market. If the timing isn’t right for you, it isn’t right!

Each Office is Independently Owned and Operated. All photos are the exclusive property of the DiCara Group and are not to be reproduced without permission.
Each Office is Independently Owned and Operated.

Tammy & David DiCara  |  (518) 588-8859  |  Email Us
DiCara Home Team |  353 Broadway 5th Fl | Saratoga Springs NY 12866

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