ESTIMATE OF NET TO SELLER - Keller Williams Realty
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ESTIMATE OF NET TO SELLER
2006 Printing Seller: __________________________________________________________ Date Prepared: _____________________, 20______ Address: _________________________________________________ Projected Closing Date: _____________________, 20______ 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 ____)
+ $________________
6. 2nd mortgage/home equity loan principal balance after last payment
+ $________________
7. Accrued Interest (Principal Balance $___________ x Rate____%
? 360 (365 VA/FHA) X # of days to closing ______)
+ $________________
8. Subtotal Present Loan Pay-Off Expenses (Add 2 through 7)
Costs of Sale: (by ? of the contract)
- $________________
9. Seller's Contribution to Closing Costs (? 2C2) 10. State of Georgia Property Transfer Tax (? 4B) 11. Unpaid Property Taxes (Annual taxes $___________
? 365 X # of days from January 1 to closing ______) (? 4B) 12. Special Assessments (i.e. Association Fees) (? 5) 13. Survey (? 6C) 14. Termite Letter (? 7) 15. Home Inspection Repairs/Clean-Up (? 8) 16. Real Estate Brokerage Fee (? 10) 17. Underwriting, Tax Service, Doc Prep (FHA/VA) 18. Other_________________________ 19. Subtotal Costs of Sale (Add 9 through 18)
$________________ + $________________
+ $________________ + $________________ + $________________ + $________________ + $________________ + $________________ + $________________ + $________________ - $________________
Credits:
20. Pre-Paid Property Taxes (Annual taxes $___________ ? 365 X # of days from closing to December 31, _____) (? 4B)
21. Escrow Refund of Taxes & Insurance (Usually received 30 days after closing)
22. Other _________________________
23. Subtotal Credits (Add 20 through 22)
+ $________________
+ $________________ + $________________
+ $________________
24. TOTAL ESTIMATE OF NET TO SELLER (LINE 1 ? 8 ? 19 + 23=)
$___________0._0_0
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.
Copyright? 2006 by Georgia Association of REALTORS?, Inc.
F72, Estimate of Net to Seller 01/01/06
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