Escrow Instructions PDF
Document Details
Uploaded by WellBredComprehension5712
2020
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Summary
This document outlines escrow instructions for a property sale in San Mateo, California, specifying the sales price, closing date, and commissions for the participating parties. It details instructions related to the commissions payable to Realty World Success and the allocation of brokerage fees for the buyers.
Full Transcript
Success Plans, Inc. 851 Burlway Road, Ste. 503 Burlingame, CA 94010 Bus: (650) 552-9670 | Fax: (650) 552-9674 ________________________________________________________________...
Success Plans, Inc. 851 Burlway Road, Ste. 503 Burlingame, CA 94010 Bus: (650) 552-9670 | Fax: (650) 552-9674 ___________________________________________________________________________________ ESCROW INSTRUCTIONS / BROKER DEMAND Date: April 16, 2020 Escrow Officer: Kelin Ingalls Title Company: First American Title Co. | 662 Laurel St. #200 | San Carlos, CA 94070 Contact Info: B. (650) 226-2265 | F. (866) 405-5821 | [email protected] Escrow #: 6191301 Property Address: 1830 Parkwood Drive | San Mateo, CA 94403 The following terms and conditions are escrow instructions for the above mentioned property unless amended prior to close of escrow: Sales Price: $1,700,000.00 COE: 04/20/2020 Sellers to Pay: County Transfer Tax Commission of $42,500.00 (2.5% of sales price) to REALTY WORLD – Success Buyer to Pay: Escrow and Title Fees Additional Instructions: REALTY WORLD - Success will be crediting $7,500 of gross brokerage commissions back to the buyers, Karla Feliciano and Emerick Bautista at the time of closing to be put towards paying of non-recurring closing costs. Net commission payable to REALTY WORLD – Success after $7,500 credit back to the buyers will be $35,000. ________________________ _____________________ Ryan Barrick – Selling Agent Jeff Tung – Broker/Owner