ESTIMATE OF NET TO SELLER Georgia - The CE Shop

ESTIMATE OF NET TO SELLER

Georgia

?

2019 Printing

Seller: __________________________________________________________

___ Date Prepared: ________________________________

O

N

LY

Address: _________________________________________________ Projected

ected Closing Date: ____________________________________

County: _____________________________________________________ Month Tax Bill Paid:: __________________

__________________________________

________________

1. Sales Price

$________________________

Present Loan Pay-Off Expenses:

2. 1st mortgage principal balance after last payment

$________________

3. Failure to notify bank penalty

+ $________________

___

4. Pre-payment penalty

+ $________________

5. Accrued Interest (Principal Balance $___________ x Rate____%

? 360 (365 VA/FHA) X # of days to closing ____) (1st Mortgage) + $________________

G

6. 2nd mortgage/home equity loan principal balance

after last payment

+ $________________

IN

7. Accrued Interest (Principal Balance $___________ x Rate____%

? 360 (365 VA/FHA) X # of days to closing ____) (2nd Mortgage) + $________________

8. Subtotal Present Loan Pay-Off Expenses (Add 2 through 7)

9.

Seller¡¯s Contributions at Closing

sing

N

Costs of Sale:

- $_______________________

$________________

+ $________________

$_______

+ $________________

$______

12. Survey

+ $________________

AI

10. Unpaid Property Taxes

es (Annual taxes $___________

? 365 X # of days from Januaryy 1 to closing ______)

11. Special Assessments (i.e. Association

ssociation Fees)

TR

13. Home Inspection Repairs/Clean-Up

epairs/Clean-Up

epairs/CleanUp

+ $________________

14. Real Estate Brokerage Fee

+ $________________

15. Document Preparation Fees (FHA/VA)

+ $________________

______________________

16. Other______________________

+ $________________

17. Subtotal Costs of Sale (Add 9 through 16)

- $_______________________

R

Credits:

+ $________________

19. Escrow Refund of Taxes & Insurance (Usually received

30 days after closing)

closi

+ $________________

20. Other _________________________

+ $________________

FO

18. Pre-Paid Property Taxes

Taxes (Annual taxes $___________

? 365 X # of days from closing to December 31, _____)

21. Subtotal Credits (Add 18 through 20)

22.

ESTIMATE OF NET TO SELLE

SELLER (LINE 1 ¨C 8 ¨C 17 + 21)

+ $_______________________

$_______________________

The above information is based on data available as of this date. Additional monthly payments and accrued interest may reduce the loan payoff. Fees such as

warehouse fees, tax service, lender inspection, photos, document preparation, handling fees, courier fees, etc. may also appear on the closing statement. No

representation is made as to the accuracy or completeness of this form. This is an estimate only.

THIS FORM IS COPYRIGHTED AND MAY ONLY BE USED IN REAL ESTATE TRANSACTIONS IN WHICH _____________________________ IS INVOLVED AS A REAL

ESTATE LICENSEE. UNAUTHORIZED USE OF THE FORM MAY RESULT IN LEGAL SANCTIONS BEING BROUGHT AGAINST THE USER AND SHOULD BE REPORTED TO

THE GEORGIA ASSOCIATION OF REALTORS? AT (770) 451-1831.

Copyright? 2019 by Georgia Association of REALTORS?, Inc.

F837, Estimate of Net to Seller, 01/01/19

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