Real Estate Closing Costs Estimate

<p>$50.00 (B)</p> Signup and view all the answers

<p>$1,003.33 (C)</p> Signup and view all the answers

<p>$363,546.02 (C)</p> Signup and view all the answers

<p>$170.00 (A)</p> Signup and view all the answers

<p>$40,849.15 (B)</p> Signup and view all the answers

<p>Notary Fee (C)</p> Signup and view all the answers

<p>$33,125.00 (D)</p> Signup and view all the answers

<p>$323,006.41 (C)</p> Signup and view all the answers

<p>$1,400.00 (B)</p> Signup and view all the answers

<p>$40,849.15 (B)</p> Signup and view all the answers

<p>$330.00 (A)</p> Signup and view all the answers

<p>$0.00 (B)</p> Signup and view all the answers

<p>$298,953.98 (C)</p> Signup and view all the answers

<p>5 (B)</p> Signup and view all the answers

<p>$309.54 (A)</p> Signup and view all the answers

<p>Doc Prep Fee (C)</p> Signup and view all the answers

<p>3rd T.D. (D)</p> Signup and view all the answers

The total amount of money the seller will receive after paying off all debts and closing costs.

The amount of money owed on a mortgage.

A fee charged by a title insurance company, which insures the buyer against title defects.

A tax paid by the seller on the transfer of property ownership.

A charge for early repayment of a loan.

A fee paid to lenders for services related to a mortgage loan.

The amount of interest accrued on a mortgage loan between the time of the last payment and the closing date.

A fee charged by a title company for recording the transfer of ownership of the property.

The estimated amount of money the seller will receive after all costs and expenses are paid.

The date when the real estate transaction is expected to close.

The estimated price at which the property will be sold. It represents the projected revenue the seller will receive from the transaction.

A lump sum deduction from the Estimated Selling Price representing liabilities, expenses, and costs associated with the sale.

Various expenses directly related to the property, such as repairs, inspections, and warranties. These costs are subtracted from the Estimated Selling Price to calculate the Estimated Seller's Proceeds.

The estimated amount of money the seller will receive after all expenses, deductions, and liabilities are accounted for.

An amount added to the Estimated Seller's Proceeds in some cases. It might include money from a purchase money note or other sources of income tied to the property sale.

The calculated amount of cash the seller will receive after factoring in all expenses, deductions, and credits.

Expenses associated with selling a property, including brokerage fees, closing costs, and miscellaneous charges. These costs are subtracted from the Estimated Selling Price to estimate the seller's proceeds.

The amount of money a broker or realtor receives for facilitating the sale of the property. It is usually a percentage of the final sale price.

Expenses incurred by the buyer during the closing process, such as title insurance, appraisal fees, and loan origination fees.

A loan for which the borrower makes payments over a period of time, and the loan is secured by the property being purchased. This loan is a source of credit for the seller, influencing their final proceeds.

The estimated amount of money the seller will receive after paying off all debts and closing costs.

The amount of money owed on a mortgage loan, representing the buyer's outstanding debt to the lender.

An amount added to the Estimated Seller's Proceeds in some cases, potentially including funds from a purchase money note or other income related to the property sale.

Various expenses directly related to the property, such as repairs, inspections, and warranties.

The calculated amount of cash the seller will receive after factoring in all expenses, deductions, and credits.