This is a generic form for the sale of residential real estate. Please check your state=s law regarding the sale of residential real estate to insure that no deletions or additions need to be made to the form. This form has a contingency that the Buyers= mortgage loan be approved. A possible cap is placed on the amount of closing costs that the Sellers will have to pay. Buyers represent that they have inspected and examined the property and all improvements and accept the property in its "as is" and present condition.
Sell Closure Property Formula In Hillsborough
Category:
State:
Multi-State
County:
Hillsborough
Control #:
US-00447BG
Format:
Word
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FAQ
Example: Estimated closing costs on a $400,000 home Total adjusted orgination charges$5,100 Initial escrow account deposit $708 Prepaid interest $750 Homeowner's insurance $1,000 Total estimated closing costs $9,15813 more rows
Sellers: They would cover the costs of title search, title insurance, property taxes, documentary stamp taxes, and what's known as seller's concessions—where they agree to cover part of the buyer's closing costs, usually if the inspection called for repairs on the property.