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Owner's Estimated Proceeds and Costs,

 

CREDITS,      
Selling Price : Total Purchase Price :

=

$
Pro Ration of
Winter Taxes :
Total Taxes for Winter Bill,
Due Date thru Day of Close, amount of days used  minus 365 days of year
= $
Pro Ration of
Summer Taxes :
Total Taxes for Summer Bill,
Due Date thru Day of Close, amount of days used  minus 365 days of year
= $
Pro Ration of
Home Insurance:
Total Annual Bill,
Due Date thru Day of Close, amount of days used  minus 365 days of year
= $
Pro Ration of
Association Dues :
Total Association Dues,
Due Date thru Day of Close, amount of days used  minus 365 days of year
= $
  TOTAL CREDITS :

=

$
       
DEBITS :      
Title Insurance : Estimated Title Insurance costs
See Base Column with Sales Price line
= $
Transfer Tax : $8.60 per every $1,000. of Sale Price = $
Listing Broker Fee : See Rate Chart = $
Buyer Broker Fee : See Rate Chart = $
Payoff of 1st Mortgage : Check with your Lender = $
Last Month of Interest : Check with your Lender = $
Payoff 2nd Mortgage : Check with your Lender = $
Last Month of Interest : Check with your Lender = $
Pre Payment Penalty : Check with your Lender
( If Applies )
= $
Sellers Contributions : Buyers are mortgaging all or part of their Closing Costs
( If Applies )
= $
Outstanding Liens / Assessments : ( If Applies ) = $
Occupancy Charge : New Per Diem of New Mortgage, Taxes, Insurance, Interest
( If Applies )
= $
Security Deposit : ( If Applies ) = $
Water Escrow : Varies, see Offer to Purchase
( If Applies )
= $
Recording Fee : Record Power of Attorney / Discharge of Mortgage
( If Applies )
= $
  TOTAL DEBITS :

=

$
       
       
  TOTAL CREDITS : = $
  TOTAL DEBITS: = $
  TOTAL APPROXIMATE PROCEEDS :

=

$
       

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If you have any questions and/or concerns Please feel free to contact us via e-mail or phone directly.

Thank you,
Anita Satterfield, Broker/Owner

MI Real Estate Today
248 684-9000 / Broker@MiRealEstateToday.com

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