What it means

Mortgage payoff, second liens, equity lines, or other secured obligations can change the seller’s proceeds before any other planning conversation gets very far.

Why sellers miss it

Price is visible. Net is private, conditional, and full of assumptions. That is why the bottom-line conversation usually needs its own lane.

What can change it

Seller question

What payoff numbers need to be verified before I rely on my net?

Quiet next step

This is the kind of question a private seller-net conversation is designed to organize.