Get Acquisition & Capital Improvements Summary.doc 2020-2025

Filling out the Acquisition & Capital Improvements Summary.doc online can be straightforward when guided properly. This comprehensive guide will assist users in accurately completing each section of the form for effective submission.

Follow the steps to complete the form effectively.

1. Click 'Get Form' button to obtain the form and open it in the editor.
2. In the 'Acquisition Data' section, enter the 'Date of Acquisition' in the format of month, day, and year (___/____/______). Then, input the 'Purchase Price' in the designated space ($__________________).
3. If capital improvements have been made in the last three years, detail these in the section provided. List the 'Work Completed' along with the 'Total Amount Paid' for each item. Include the specific 'Amount Paid,' the 'Date Paid,' and the name of the individual or company you paid (Paid To).
4. If the property was acquired less than two years ago, be aware that the underwriting process may consider adding the cost of improvements to the purchase price. To do this, ensure that you submit any receipts for the capital improvements when submitting the file.
5. Finally, ensure that the document is prepared and signed by the borrower. Date the signature appropriately to indicate when the form has been completed.
6. Once all fields are completed, save your changes, download the document, print it if needed, or share it according to your requirements.

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