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Seller sold rental apartments to Ben Buyer for $150,000.00. The parties agreed to Sue close on October 1 used for determining the amounts to be
Seller sold rental apartments to Ben Buyer for $150,000.00. The parties agreed to Sue close on October 1 used for determining the amounts to be prorated. 5 which belonged to the BUYER. The 365 day method should be Sale Price Binder deposit (held in escrow) Existing mortgage (will be assumed by Buyer). New mortgage (mortgage intangible tax and doc stamps on $150,000.00 5,000.00 80,000.00 45,000.00 2,500.00 375.00 mortgage to be paid by Buyer) Rent paid on October 1 for month of October Interest for month of October due November 1 1 year insurance premium paid on January 1 600.00 300.00 2,400.00 800.00 500.00 1,500.00 16 pages 1 page of current year City taxes County taxes Seller's attorney fee Buyer's attormey fee Title insurance (seller's expense) Recording mortgage (buyer's expense) Recording Deed (seller's expense) Doc Stamps on Mortgage Note and Intangible Tax (buyer's expense)... You Somewhere on the paper LIST THE NUMBER OF DAYS SELLER IS IN POSSESSION of the property. SAMPLE COMPOSITE CLOSING STATEMENT SELLER'S STATEMENT DEBIT BUYER'S STATEMENT DEBIT CREDIT CREDIT ITEM TOTAL PURCHASE PRICE BINDER DEPOSIT FIRST MORTGAGE -BALANCE SECOND MORTGAGE PRORATIONS &PREPAYMENTS RENT INTEREST-FIRST MORTGAGE INTEREST-SECOND MORTGAGE PREPAYMENT-FIRST MORTGAGE PREPAYMENT-FIRST MORTGAGE INSURANCE TAXES-CITY TAXES-COUNTY EXPENSES ABSTRACT CONTINUATION ATTORNEY'S FEES DOCUMENTARY STAMPS: MORTGAGE NOTE STATE ON DEED INTANGIBLE TAX-MORTGAGE RECORDING MORTGAGE DEED TITLE INSURANCE MISCELLANEOUS TOTAL-DEBITS& CREDITS BALANCE DUE SELLER & FROM BUYER GRAND TOTALS BALANCE STATEMENT RECEIPTS DISBURSEMENTS DEPOSIT CHECK FROM BUYER AT CLOSING CHECK TO SELLER AT CLOSING SELLER'S EXPENSES BUYER'S EXPENSES GRAND TOTALS Seller sold rental apartments to Ben Buyer for $150,000.00. The parties agreed to Sue close on October 1 used for determining the amounts to be prorated. 5 which belonged to the BUYER. The 365 day method should be Sale Price Binder deposit (held in escrow) Existing mortgage (will be assumed by Buyer). New mortgage (mortgage intangible tax and doc stamps on $150,000.00 5,000.00 80,000.00 45,000.00 2,500.00 375.00 mortgage to be paid by Buyer) Rent paid on October 1 for month of October Interest for month of October due November 1 1 year insurance premium paid on January 1 600.00 300.00 2,400.00 800.00 500.00 1,500.00 16 pages 1 page of current year City taxes County taxes Seller's attorney fee Buyer's attormey fee Title insurance (seller's expense) Recording mortgage (buyer's expense) Recording Deed (seller's expense) Doc Stamps on Mortgage Note and Intangible Tax (buyer's expense)... You Somewhere on the paper LIST THE NUMBER OF DAYS SELLER IS IN POSSESSION of the property. Seller sold rental apartments to Ben Buyer for $150,000.00. The parties agreed to Sue close on October 1 used for determining the amounts to be prorated. 5 which belonged to the BUYER. The 365 day method should be Sale Price Binder deposit (held in escrow) Existing mortgage (will be assumed by Buyer). New mortgage (mortgage intangible tax and doc stamps on $150,000.00 5,000.00 80,000.00 45,000.00 2,500.00 375.00 mortgage to be paid by Buyer) Rent paid on October 1 for month of October Interest for month of October due November 1 1 year insurance premium paid on January 1 600.00 300.00 2,400.00 800.00 500.00 1,500.00 16 pages 1 page of current year City taxes County taxes Seller's attorney fee Buyer's attormey fee Title insurance (seller's expense) Recording mortgage (buyer's expense) Recording Deed (seller's expense) Doc Stamps on Mortgage Note and Intangible Tax (buyer's expense)... You Somewhere on the paper LIST THE NUMBER OF DAYS SELLER IS IN POSSESSION of the property. SAMPLE COMPOSITE CLOSING STATEMENT SELLER'S STATEMENT DEBIT BUYER'S STATEMENT DEBIT CREDIT CREDIT ITEM TOTAL PURCHASE PRICE BINDER DEPOSIT FIRST MORTGAGE -BALANCE SECOND MORTGAGE PRORATIONS &PREPAYMENTS RENT INTEREST-FIRST MORTGAGE INTEREST-SECOND MORTGAGE PREPAYMENT-FIRST MORTGAGE PREPAYMENT-FIRST MORTGAGE INSURANCE TAXES-CITY TAXES-COUNTY EXPENSES ABSTRACT CONTINUATION ATTORNEY'S FEES DOCUMENTARY STAMPS: MORTGAGE NOTE STATE ON DEED INTANGIBLE TAX-MORTGAGE RECORDING MORTGAGE DEED TITLE INSURANCE MISCELLANEOUS TOTAL-DEBITS& CREDITS BALANCE DUE SELLER & FROM BUYER GRAND TOTALS BALANCE STATEMENT RECEIPTS DISBURSEMENTS DEPOSIT CHECK FROM BUYER AT CLOSING CHECK TO SELLER AT CLOSING SELLER'S EXPENSES BUYER'S EXPENSES GRAND TOTALS Seller sold rental apartments to Ben Buyer for $150,000.00. The parties agreed to Sue close on October 1 used for determining the amounts to be prorated. 5 which belonged to the BUYER. The 365 day method should be Sale Price Binder deposit (held in escrow) Existing mortgage (will be assumed by Buyer). New mortgage (mortgage intangible tax and doc stamps on $150,000.00 5,000.00 80,000.00 45,000.00 2,500.00 375.00 mortgage to be paid by Buyer) Rent paid on October 1 for month of October Interest for month of October due November 1 1 year insurance premium paid on January 1 600.00 300.00 2,400.00 800.00 500.00 1,500.00 16 pages 1 page of current year City taxes County taxes Seller's attorney fee Buyer's attormey fee Title insurance (seller's expense) Recording mortgage (buyer's expense) Recording Deed (seller's expense) Doc Stamps on Mortgage Note and Intangible Tax (buyer's expense)... You Somewhere on the paper LIST THE NUMBER OF DAYS SELLER IS IN POSSESSION of the property
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