Estimated Seller's Net Sheet PDF 2004
Document Details
Uploaded by MarvellousFeynman
San José City College
2004
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Summary
This document is an estimated seller's net sheet for a property located at 123 Equity Street. It details the costs associated with the property, including encumbrances, and calculates the estimated selling price. It also provides a recap of the estimated seller's proceeds and property taxes.
Full Transcript
ESTIMATED SELLER'S NET SHEET REALTY SELLER Mr. & Mrs. Seller Date Prepared 11/1/2004 PROPERTY ADDRESS 123 Equity Street This estimate is based on costs associated with Conven...
ESTIMATED SELLER'S NET SHEET REALTY SELLER Mr. & Mrs. Seller Date Prepared 11/1/2004 PROPERTY ADDRESS 123 Equity Street This estimate is based on costs associated with Conventional type of financing. PROJECTED CLOSING DATE 12/2/2004 EST. SELLING PRICE $ 662,500.00 ESTIMATED COSTS ENCUMBRANCES (Approximate): Escrow Fee $ 0.00 1st T.D. Principal Balance - (267,553.98) Notary Fee Ticor 50.00 2nd T.D. Principal Balance - (31,400.00) Title Insurance Policy 0.00 3rd T.D. Principal Balance - 0.00 Documentary Transfer Tax: 0.00 Bonds / Liens - 0.00 County Alameda 1.10/1000 728.75 Other Encumbrances - 0.00 City 0.00 TOTAL Prepayment Penalty 0.00 GROSS EQUITY: $ 363,546.02 Bene/Demand Fee to lenders 100.00 Interest 1st T.D. (11/01/04-12/02/04) 1,003.33 APPROXIMATE CREDITS: Interest 2nd T.D. (05/12/04-12/02/04) 1,410.85 Property Taxes 12/02/04-01/01/05 $ 309.54 Prorated Interest 3rd Note 0.00 Prorated Insurance 0.00 Reconveyance Deed (s) 2 x $85 170.00 Impound Accounts 0.00 Misc. Lender Fees 0.00 Other: 0.00 Appraisal Fee 0.00 Other: 0.00 VA/FHA Discount___ points 0.00 TOTAL: $ 309.54 Doc Prep (drawing etc.) Ticor 75.00 Misc. VA/FHA Fees 0.00 RECAP: Property Taxes (1st Inst 2004/2005) 1,921.27 ESTIMATED SELLING PRICE $ 662,500.00 Other Liens 0.00 LESS: Structural Pest Control Inspection 0.00 Total Encumbrances - (298,953.98) Structural Pest Control Repairs 1,400.00 Estimated Costs - (40,849.15) Pool Repairs 0.00 Rent Back _____ days - 0.00 Appliance Repairs 0.00 Sub-Total $ 322,696.87 Home Warranty Plan to Fidelity 330.00 Brokerage Fee 5% x S.P. 33,125.00 PLUS: Buyer's Closing Costs NRCC/RCC 0.00 Approximate Credits + 309.54 Security Deposits 0.00 Prorated Rents 0.00 ESTIMATED SELLER'S PROCEEDS: $ 323,006.41 Administrative/Transaction Fee 295.00 LESS: Other Fees/Costs: 0.00 Purchase Money Note - 0.00 Seller's Property I.D. 139.95 (if carried by Seller) Courier 75 / Wire 25 100.00 PLUS: HOA Transfer Fee 0.00 Proceeds From Sale of Other 0.00 Purchase Money Note + 0.00 Other 0.00 ESTIMATED SELLER'S ESTIMATED TOTAL COSTS: $ 40,849.15 CASH PROCEEDS $ 323,006.41 PROPERTY TAXES Jan Feb March April May June July Aug Sep Oct Nov Dec 2nd Installment Jan 1 to June 30 1st Installment July 1 to Dec 31 Seller Seller Date Date
