What is net sale proceeds?
Gross sale price less costs of sale (broker commissions, transfer taxes, legal fees). In the levered view, the loan payoff and any prepayment penalty are then subtracted to reach sale proceeds to equity.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.