Selling your home can feel like winning the lottery — until you start crunching the numbers. Before you start imagining what you’ll do with all that cash (hello, dream vacation or new sports car), let’s talk about how much of the sale price you actually keep. Spoiler alert: It’s not 100%, but with Todd Maltzahn, the best realtor in Northern Colorado, you’ll definitely keep more of it. Let’s break it down!
1. The Sale Price vs. Reality
Sure, your home sells for $500,000. But before you start stuffing your mattress with cash, remember there are a few hands in the pot. Here’s where that money goes:
- Mortgage Payoff: Unless you own your home outright, the bank gets its cut first. Adios, loan balance!
- Agent Commissions: Yes, the best realtor earns their keep! Todd Maltzahn’s team ensures your home sells at the highest possible price, making every penny of that commission well worth it.
- Closing Costs: These include fees for title insurance, escrow services, and recording the sale. They’re not glamorous, but necessary.
- Repairs or Concessions: Did the buyer ask for a new water heater or a credit for repairs? Todd’s negotiation skills will ensure these don’t drain your profits.
2. Taxes: The Necessary Evil
Taxes may be as inevitable as a toddler spilling juice, but there’s good news. If you’ve lived in your home for at least two years, you may qualify for a capital gains tax exemption. That’s up to $250,000 for single filers and $500,000 for married couples. Boom! Todd’s team can guide you to financial experts who know how to keep Uncle Sam from taking a bigger bite than necessary.
3. What’s Left for You?
After the dust settles, you’re left with your net proceeds. And here’s where Todd shines — the best realtor ensures you maximize every dollar by pricing your home competitively, marketing it to perfection, and negotiating like a pro.
Picture this: Instead of scrambling to cover costs, you’re cashing a big, beautiful check to put toward your next chapter. Whether it’s a bigger home, downsizing, or making your travel dreams come true, Todd’s got your back.
Bottom Line: Selling your home is a big deal, and knowing how much you’ll keep is crucial. But when you’ve got the best realtor, Todd Maltzahn, on your side, you’re in great hands.
There’s no shortage of realtors out there, but Todd’s expertise and commitment to being the best make all the difference. With years of experience, a knack for negotiation, and a team that works tirelessly, Todd ensures you walk away with the most money in your pocket — and a smile on your face.
Ready to sell and keep more of what’s yours? Todd’s team is just a call away. Let’s make your home-selling experience the best yet!
