SELLERS ESTIMATED COSTS OF SALE WORKSHEET - Page 1

Closing Date: _________19_______

Expenses to Seller

  1. Present 1st Mortgage Balance.$____________
  2. Present 2nd Mortgage Balance$____________
  3. Real Estate Commission   (Sales Price $________x________%).....$____________
  4. Closing Cost (Paid by Seller).$____________
  5. Discount Points (Purchasers new loan amount________x_______% $____________
  6. Prorations (Due but Unpaid by Seller)
    1. Property Taxes
      Annual Taxes $________divided by 365  =  Daily Taxes $________ x   # Days Seller Used____
      = Property Tax Proration.$________
    2. 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 $________
  7. Transfer Tax ($.10/$100 or Portion of Sales Price or Equity) $________
  8. Termite Letter $________
  9. Repairs $________
  10. Miscellaneous $________

Seller's Total Estimated Expenses $________



Seller Orientation Menu


Information herein believed to be accurate but not warranted.




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