|
|
|
|
Net Sellers Calculations
|
|
The following is a sample of a Seller's Net Sheet:
|
| Seller's Name: |
Sample Seller |
|
Agent Name: |
Dave Luedtke |
| Property Address: |
123 Marilyn Drive |
|
Date: |
1/20/2011 |
|
| Source of Loan Balance(s): |
|
|
Close Escrow: |
1-Jun-11 |
|
| Annual Property Taxes: |
$13,564 |
|
|
|
|
|
|
|
|
Based on this Sales Price |
|
|
|
|
|
|
|
$1,035,000 |
|
$1,135,000 |
|
|
|
|
|
|
|
|
|
|
|
| 1st Loan Balance: |
|
|
$670,000 |
|
$670,000 |
|
|
| Prepayment Penalty: |
|
|
0 |
|
0 |
|
|
| Statement & Recon. Fee($130): |
|
130 |
|
130 |
|
|
| Interest Expense |
6.00% |
|
3350 |
|
3350 |
|
|
| 2nd Loan Balance: |
|
|
$0 |
|
$0 |
|
|
| Prepayment Penalty: |
|
|
0 |
|
0 |
|
|
| Statement & Recon. Fee($130): |
|
0 |
|
0 |
|
|
| Interest Expense |
6% |
|
0 |
|
0 |
|
|
| Other Encumbrances: |
|
0 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| OTHER FEES |
|
|
|
|
|
|
|
| Property Tax Proration / Month: |
$1,131.00 |
|
|
|
|
|
| ***Escrow Closes 7/1-12/30 Seller Owes: |
0 |
|
0 |
|
|
| 0 |
7/1 to Close of Escrow |
|
|
|
|
|
| ***Escrow Closes 1/1-4/1 Seller Owes: |
4524 |
|
4524 |
|
|
| 4 |
1/1 to Close of Escrow |
|
|
|
|
|
| ***Escrow Closes 4/1 to 7/1 Credit Seller: |
0 |
|
0 |
|
|
| 0 |
Close of Escrow to 7/1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
City Transfer |
| City Transfer Tax - San Jose & Mtn View: |
0 |
|
0 |
|
Tax * 'YES'=1 |
| ***$3.30/$1,000 of Sales Price - Split |
|
|
|
|
0 |
| 1/2 Buyer-1/2 Seller |
Except VA |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| County Transfer Tax - $1.10/$1,000 Sale $: |
1139 |
|
1249 |
|
Seller Pay |
|
|
|
|
|
|
|
|
County ? |
| CLTA Title Insurance: |
|
2796 |
|
2996 |
|
YES'=1 |
| Escrow Fee: |
|
|
1385 |
|
1485 |
|
1 |
| Brokerage Fee - Selling Office: |
|
25875 |
|
28375 |
|
|
| Brokerage Fee - Listing Office: |
|
25875 |
|
28375 |
|
|
| Misc. Fees (notary,drawing,recording $200): |
200 |
|
200 |
|
|
| Other: |
|
|
|
200 |
|
200 |
|
|
| INSPECTIONS & REPAIRS |
|
|
|
|
|
|
| Pest Control Inspection($125): |
|
250 |
|
250 |
|
|
| Pest Control Work: |
|
|
2800 |
|
2800 |
|
|
| Geologic Haz & Environ Disclosure($120): |
120 |
|
120 |
|
|
| Home Protection Plan($245+Options): |
450 |
|
450 |
|
|
| Repair Work, painting, etc |
|
3000 |
|
3000 |
|
|
|
|
|
|
|
|
|
|
|
| TOTAL ESTIMATED COSTS: |
|
$742,094 |
|
$747,504 |
|
|
|
|
|
|
|
|
|
|
|
| SUMMARY |
|
|
|
|
|
|
|
| SALES PRICE: |
|
|
$1,035,000 |
|
$1,135,000 |
|
|
| LESS TOTAL ESTIMATED COSTS: |
$742,094 |
|
$747,504 |
|
|
|
|
|
|
|
|
|
|
|
| ESTIMATED NET TO SELLER AT CLOSE: |
$292,906 |
|
$387,496 |
|
|
|