Tax proration excluded from this estimate. Final proration will be calculated by the title company at closing based on the current year's tax bill.
6 Property & Other Charges
%
7 Foreign Seller (FIRPTA)
The buyer must withhold this amount from the price and send it to the IRS. It is not a cost: the seller can get back what exceeds the actual tax by filing a U.S. return, or apply in advance (IRS Form 8288-B) to withhold less. The seller should talk to a tax professional.
8 Existing Mortgages & Liens
The seller still needs to provide the latest mortgage statement or the lender's payoff letter. Mortgage payoffs and tax prorations shown here are estimates. Actual figures will be adjusted based on the final closing date, the lender's payoff statement (including per-diem interest), and the title company's calculations at closing.
Approximate Net to Seller
$0
Sales Price$0
Total Expenses$0
Tax Proration$0
Mortgages & Liens$0
Net to Seller$0
FIRPTA withholding$0
Cash to Seller at Closing$0
I have read and understand that the above information is an estimate only, subject to change, and does not represent a guarantee, nor is this statement to be considered a contract. Mortgage payoffs and prorations will be adjusted according to the final closing date. Prepared by Certezza Realty for planning purposes.