Get the free SELLERS ESTIMATED PROCEEDS STATEMENT

SELLERS ESTIMATED PROCEEDS STATEMENT PROPERTY ADDRESS: ESTIMATED CLOSING DATE: SELLER(S): DEBIT SELLING PRICE First Loan Payoff Balance Second Loan Payoff Balance Loan Escrow Balance Interest Payment

How to fill out sellers estimated proceeds statement

How to fill out a sellers estimated proceeds statement:

1. Gather all the necessary information: Before starting to fill out the sellers estimated proceeds statement, gather all the necessary information such as the property address, the selling price, any outstanding mortgage balance, and any other fees or expenses related to the sale.
2. Calculate the selling price: Calculate the selling price by taking into account any negotiations or agreements made with the buyer or real estate agent. This will be the amount you will receive from the sale.
3. Determine any outstanding mortgage balance and fees: If there is an outstanding mortgage balance on the property, contact your lender or mortgage company to obtain the current payoff amount. Also, consider any fees or expenses associated with the sale such as real estate agent commissions, attorney fees, or closing costs.
4. Subtract the outstanding mortgage balance and fees from the selling price: Subtract the outstanding mortgage balance and fees from the selling price to calculate your estimated net proceeds. This will give you an idea of the amount you will receive after paying off any debts and expenses.
5. Consider other potential deductions: Apart from the outstanding mortgage balance and fees, there might be other potential deductions to consider. These could include property taxes, homeowner association fees, or any other outstanding liens or judgments on the property. Make sure to account for these deductions when calculating your estimated net proceeds.
6. Review and double-check all calculations: Once you have filled out all the necessary information and made the calculations, review and double-check all the numbers and calculations to ensure accuracy. Mistakes in calculations can lead to inaccurate estimated proceeds and financial discrepancies.

Who needs a sellers estimated proceeds statement?

Sellers estimated proceeds statements are typically needed by homeowners who are planning to sell their property. This statement helps them understand the estimated amount they will receive from the sale after deducting outstanding mortgage balances, fees, and any other related expenses. It is important for sellers to have a clear idea of their net proceeds to make informed decisions and properly plan for their financial future. Real estate agents, attorneys, and financial advisors may also request a sellers estimated proceeds statement to assist their clients in navigating the selling process.

For pdfFiller’s FAQs

How can I send sellers estimated proceeds statement to be eSigned by others?

When you're ready to share your sellers estimated proceeds statement, you can swiftly email it to others and receive the eSigned document back. You may send your PDF through email, fax, text message, or USPS mail, or you can notarize it online. All of this may be done without ever leaving your account.

How can I get sellers estimated proceeds statement?

It’s easy with pdfFiller, a comprehensive online solution for professional document management. Access our extensive library of online forms (over 25M fillable forms are available) and locate the sellers estimated proceeds statement in a matter of seconds. Open it right away and start customizing it using advanced editing features.

How can I edit sellers estimated proceeds statement on a smartphone?

The best way to make changes to documents on a mobile device is to use pdfFiller's apps for iOS and Android. You may get them from the Apple Store and Google Play. Learn more about the apps here. To start editing sellers estimated proceeds statement, you need to install and log in to the app.