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Real Estate Closing Statement

by devteam June 3rd, 2009 | Share

Closing Date:

Seller:

Buyer:

Property Address:

County:

A B

Due Seller Credit Buyer

1. Selling Price xxxxxxxxxxxxxxxxxxxxx

2. Down Payment xxxxxxxxxxxxxxxxxxxxx

3. Mortgages:

a. Assumed by Buyer xxxxxxxxxxxxxxxxxxxxx

b. Assumed by Buyer xxxxxxxxxxxxxxxxxxxxx

c. Executed by Buyer to Seller xxxxxxxxxxxxxxxxxxxxx

4. Rents, pro-rated

5. Interest, pro-rated

6. Insurance, pro-rated:

a. Fire xxxxxxxxxxxxxxxxxxxxx

b. Other xxxxxxxxxxxxxxxxxxxxx

7. Taxes:

a. Based on days credit
to Seller, xxxxxxxxxxxxxxxxxxxxx

or

b. Based on days credit
to Buyer xxxxxxxxxxxxxxxxxxxxx

8. 20 City Taxes a. b.

9. 20 County Taxes a. b.

10. 20 Personal Property Taxes a. b.

11.

12.

13.

TOTALS

14. Column A less Column B xxxxxxxxxxxxxxxxxxxxxx

BALANCE DUE SELLER

About the Author

devteam

Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.

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