SELLERS ESTIMATED COSTS OF SALE WORKSHEET - Page 1
Closing Date: _________19_______
Expenses to Seller
- Present 1st Mortgage Balance.$____________
- Present 2nd Mortgage Balance$____________
- Real Estate Commission (Sales Price $________x________%).....$____________
- Closing Cost (Paid by Seller).$____________
- Discount Points (Purchasers new loan amount________x_______% $____________
- Prorations (Due but Unpaid by Seller)
- Property Taxes
Annual Taxes $________divided by 365 = Daily Taxes $________ x # Days Seller Used____
= Property Tax Proration.$________
- Accrued Interest
Existing Loan Balance $________ x Interest Rate____% = Yearly Interest $________
divide Yearly Interest (from above) $________ by 360 = Daily Interest $________x # Days Seller Owned____
= Accrued Interest $________
- Transfer Tax
($.10/$100 or Portion of Sales Price or Equity) $________
- Termite Letter $________
- Repairs $________
- Miscellaneous $________
Seller's Total Estimated Expenses $________
Seller Orientation Menu
Information herein believed to be accurate but not warranted.