ESTIMATE OF SALES PROCEEDS: SELLER’S

 

Based on Sale Price of $300,000:

  •   Document Preparation                               200
  •   Loan Discount Points                            negotiable
  •   Interest Proration (1-month)               1400 pro-rated
  •   Appraisal Fee ($300-$350)                        350
  •   Title Insurance                                       1200
  •   Escrow Fee (split 50/50)                           375
  •   Transfer Fee ($4.10 per $1000)                 1230
  •   Reconveyance Fee ($75-$150 per loan)        150
  •   Recording Fee                                           40
  •   Attorney Fee                                     not in Nevada
  •   Prepayment Fee                              depending on loan
  •   Home Protection Fee ($250-$400)           negotiable
  •   Brokerage Fee                                  6% or $18,000
  •   Pest Inspection                                        100
  •   Well Test  (inc. flow/pump test (if applic.)     300
  •   Water Quality Only (if applic.)                     150
  •   Septic Inspection                                      200
  •   Pumping of Septic                                     350
  •   Home/Structural Inspection                      200-350 
  •   Association Transfer Fee (if applic.)               200
  •   Woodstove Exemption                                 20
  •   Overnight Mail/wire transfer                          75
  •   Misc. (pad)                                               100

Total Closing Costs:                                        $24,790

 

Possible Repairs (negotiated)                            1000 +/-

 

NOTE:  The above figures include septic, well & water inspections, showing worst case sinereo, most homes in Reno/Sparks do not have septic systems or wells.  These figures also do not include   pro-rations for pre-paid taxes, insurance, or lenders’ impound balance.  All numbers were obtained from sources deemed reliable and available at the time prepared and we assume all payments are current. They are not guaranteed for accuracy.