10-22-2014 Council Agenda - Laserfiche WebLink

Home Browse Search

Sellers Net Proceeds Estimate Prepared for: City Of Little Canada Address: 3046 Lahore Rd City, State, Zip: Little Canada Date: 09/30/14 Prepared by: Phone: MN 55109 Mobile: Email: MOM regilift bob Bob Pedersen 651.484-5524 1 Contracted Sale Price 2 Sellers contribution to Buyers Closing Costs 3 NET SALE PRICE $ 100,000.00 $ 112,500.00 $ 0.00 $ 0.00 $ 100,000.00 $ 112,500.00 4 Present mortgage balance - interest rate % $ $ S Interest adjustment $ $ 6 2nd Mortgage balance at °% $ $ 7 Home Improvement Loans at % $ $ 8 Interest adjustment $ $ 9 Prepayment penalties on existing financing $ $ 10 TOTAI. EXISTING FINANCING $ 0.00 $ 0.00 11 Truth in Housing inspection (Municipality) $ $ 12 Home Warranty Plan (optional) $ $ 13 Well --test, seal, cap, etc. (MN statute 156A) $ $ 14 Septic --Inspection, soil test, survey, etc. $ $ 15 Plumbers and Municipality connection fee $ $ 16 Work Orders or Repairs $ $ 17 $ $ 18 $ $ 19 Association fees $ $ 20 Balance of RE taxes due at closing (per PA) $ 0.00 $ 0.00 21 State Deed Tax ($3.30 or $3.40 per $1000) $ 340.00 $ 385.00 22 Conservation Fee $ 5.00 $ 5.00 23 Recording Fees $ 100.00 $ 100.00 24 Title Search/Abstracting Fee $ 250.00 $ 250.00 25 Special Assessments Search $ $ 26 Special Assessments Levied, Approved of record $ $ 27 Special Assessments Pending, (200% escrowed) $ $ 28 Courier Fees $ $ 29 Closing Fees $ 375.00 $ 375.00 30 VA closing fee (only if VA buyer) $ $ 31 VA funding fee (only if VA buyer) $ $ 32 Brokers Commission °% 4. $ $ $ 33 Brokers Commission 2.00 % $ 2,000.00 $ 2,250.00 34 TOTAL ESTIMATED SELLING EXPENSES $ 3,070.00 $ 3.365.00 35 Estimated Equity to Seller $ 96,930.00 $ 109.135.00 36 Less New Contract for Deed/Seller Financing $ $ 37 ESTIMATED NET PROCEEDS $ 96,930.00 109.135.00 Sellers) acknowledge receipt of a copy of this Seller(s) Estimated Selling Expense and understande figures are based upon those available this date and may not be totally accurate or complete as of the date of closing. �. Little Canada Signature 25 Signature: Imps*