Seller's Net Sheet - Title Insurance for Realtors, Mortgage, Builders, Attorneys

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ESTIMATED PROCEEDS

The following figures show approximately what you should receive from the sale of your home. These figures are only estimated.

SALES PRICE:$

Charges:

Payoff First Mortgage (interest through 5 days after closing)

Payoff Second Mortgage (interest through 5 days after closing)

Unpaid Taxes

Unpaid Special Assessments

Unpaid Miscellaneous Liens (Attorney liens/Construction Liens)

Water Escrow for Current Bill & Amount due through Seller Possession

Delinquent Water Bill

Buyer's Estimated New PITI

Occupancy Escrow (1/30th PITI x # of days)

Commission $ or %

Title Policy

Basic Rate

Expanded Rate

Transfer Tax ($8.60 per $1,000 of sale price)

Recording Fees (Estimated)

Wire/Overnight Fees (Estimated)

TOTAL CHARGES $

APPROXIMATE AMOUNT DUE SELLER $

Disclaimer: There is NO WARRANTY, express or implied, for the accuracy of this information. All costs and totals contained in this statement are ESTIMATES ONLY and are not to be construed as actual closing figures. The Title Policy calculated using either basic or expanded owner’s rates for residential property is subject to change. Property taxes may be paid in advance or arrears and depending on custom and practice, the seller may be charged or credited for a prorate portion of the taxes. Please consult your own professional advisor.