Get Seller''s Estimated Net Sheet.doc

This guide provides clear and supportive instructions for users looking to fill out the Seller's Estimated Net Sheet.doc online. Understanding each component of the form will help you accurately estimate your net proceeds from a sale.

Follow the steps to complete the form effectively.

1. Click the ‘Get Form’ button to access the form and open it in your preferred online document editor.
2. Enter your name in the 'Prepared By' section to identify who has filled out the form.
3. Fill in the 'Property Address' and 'Pin Number' sections to specify the location and details of the property being sold.
4. In section A, input your 'Estimated Selling Price' based on current market conditions.
5. For 'Expense of a Sale' in section B, list relevant expenses for single-family homes and condos/townhouses, including special assessments or monthly assessments.
6. Provide details about real estate taxes in section C, including pro-rated amounts for the current year and prior years.
7. Calculate transfer taxes in section D. Use $1.50 per $1,000 of the estimated selling price and include any municipal rates.
8. Fill out section E for title and recording expenses based on the estimated property price.
9. Confirm the survey cost in section F with the relevant survey company or attorney.
10. Discuss attorney fees in section G with your seller’s attorney to obtain an accurate figure.
11. In section H, detail mortgage amounts, accrued interest, and any prepayment penalties on the property.
12. Ensure municipal water bills are up to date in section I, as some municipalities require proof before closing.
13. Insert the commission in section J based on the estimated selling price entered earlier.
14. List any other fees in section K, including miscellaneous title expenses or inspection costs.
15. Once all sections are completed, review the total expenses and projected seller's estimated net to ensure accuracy.
16. Finally, save your changes, and choose to download, print, or share the completed form as needed.

Start filling out the Seller's Estimated Net Sheet.doc online to accurately estimate your proceeds.