Get Sellers Estimated Net Proceeds - Remax Alabama

Filling out the Sellers Estimated Net Proceeds form is a vital step for anyone looking to understand their financial position in a real estate transaction. This guide provides step-by-step instructions to help users accurately complete the form online, ensuring a smooth process.

Follow the steps to complete the form effectively.

1. Press the ‘Get Form’ button to access the Sellers Estimated Net Proceeds form and open it in your preferred editing tool.
2. Begin by entering your company name in the designated field, followed by the associate’s name and your name as the seller.
3. Fill in the details of the property, including the property address and MLS number, as well as the purchaser's name.
4. Indicate whether a termite bond is present by selecting 'Yes' or 'No'.
5. Select the type of sale by checking the appropriate box for VA, FHA, Conventional, Equity, or Other.
6. For the purpose of the estimate, check one of the options to indicate if this is for a listing, a listing price change, or an offer.
7. Enter the estimated close date for the transaction.
8. In the sales price section, input the expected sales price of the property.
9. Deduct any outstanding amounts by filling in the mortgage balance, other mortgage details, tax proration, realtor fee percentage and amount, closing cost percentage and amount, home warranty cost, termite inspection cost, and any additional costs as necessary.
10. Calculate the total estimated deductions and input this figure.
11. Finally, provide the estimated net to the seller, which takes into account any required repairs, liens, judgments, taxes, proration interest, and prepayment penalties.
12. Acknowledge the receipt of the estimates by signing and dating the document as the seller.
13. Review the completed form, then save your changes and choose to download, print, or share the completed document as required.

Complete your forms online today for a seamless real estate experience.