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Quitclaim Deed for a Trust

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					Sebastian Frey, Realtor                              http://sebfrey.com                                  (831) 239-6727


Sebastian Frey, Realtor - Thunderbird Real Estate                          Direct: (831) 239-6727
http://sebfrey.com/realestate/                                             E-Mail: sebfrey@sebfrey.com

            Buyer’s Name                                      Property Address
            John Q. Public                                    100 Main Street


            Anticipated Sales Price                                                                  $775,000
            Cash Down Payment                                                                         $75,000
            Loan Amount                                                                              $700,000

            Loan APR                                                                                     6.50%
            Loan Length (Years)                                                                              15


            Lendger/Mortgage Fees                                                                  $22,895.83
            Title/Escrow Fees                                                                       $1,711.25
            Impounds                                                                                $5,554.17
            Prorations                                                                                  $0.00
            Miscellaneous                                                                               $0.00

            Buyer’s Total Closing Costs                                                            $30,161.25
            Down Payment Amount                                                                       $75,000

            Estimated Money needed to Close Escrow                                               $105,161.25


            Monthly Costs

            Loan Payment                                                                            $6,097.75
            Property Tax                            Rate           1.25%                              $807.29
            Property Insurance                      Rate           3.00%                            $1,937.50
            Mortgage Insurance (PMI)                Rate           3.00%                            $1,750.00
            Homeowners Dues

            Total Monthly Fees                                                                     $10,592.54




                                                     Buyer's Net Sheet
Sebastian Frey, Realtor                          http://sebfrey.com                                     (831) 239-6727




           Note: This estimate has been prepared to assist the Sellers in computing their costs. Whenever possible, we have used the ma
           that can be expected. Please understand that lender, title company and escrow charges vary from company to company; there
           figures cannot be guaranteed by preparer. Seller is advised to seek the advice of a tax accountant or CPA.




                                                 Buyer's Net Sheet
Sebastian Frey, Realtor   http://sebfrey.com   (831) 239-6727




                          Buyer's Net Sheet
             Sebastian Frey, Realtor                http://sebfrey.com   (831) 239-6727




enever possible, we have used the maximum charges
vary from company to company; therefore, these
 countant or CPA.




                                                    Buyer's Net Sheet
Sebastian Frey, Realtor - Thunderbird Real Estate                           Direct: (831) 239-6727
http://sebfrey.com/realestate/                                              E-Mail: sebfrey@sebfrey.com

            Buyer’s Name                                          Property Address
            John Q. Public                                        100 Main Street




            Lender/Mortgage Broker Fees                                     Rate                  Amount
            Loan Origination Fee                                                1.50%              $10,500.00
            Discount Points                                                     1.50%              $10,500.00
            Appraisal Fee ($350.00 - $450.00)
            Credit Report ($50 - $60.00 per person on new loan)
            Processing Fee ($250.00 - $400.00)
            Underwriting Fee ($350.00-$450.00)
            Lender’s Inspection Fee ($75.00)
            Document Preparation Fee ($250.00 - $400.00)
            Tax Service ($75.00)
            Flood Certification ($15.00 - $25.00)
            Wire Fee to Lender ($25.00 - $100.00)
            Misc. Lender Fees

            Prepaid Interest
            Loan Amt       Int. Rate     Daily $   # of Days
            $700,000.00          6.50%     $126.39         15                                       $1,895.83

                                         Total Lender/Broker Fees                                  $22,895.83
Sebastian Frey, Realtor - Thunderbird Real Estate                                   Direct: (831) 239-6727
http://sebfrey.com/realestate/                                                      E-Mail: sebfrey@sebfrey.com

            Buyer’s Name                                         Property Address
            John Q. Public                                       100 Main Street




            Escrow Fees:                                                                                  Amount
                                                    Base     Cost per $1,000
            Base Escrow Fee                         $    200             $1.95                             $1,711.25
            Document Preparation Fee ($75.00)
            Demand Fee ($50.00 each)
            Loan Tie-in Fee ($200.00)
            Messenger Fee for Loan Documents ($50.00)

                                                                 Escrow Fees                               $1,711.25


            Title Fees:
            Lenders Title Policy (see title chart/ALTA policy)
            Sub Escrow Fee ($65.00)
            Endorsement Fee ($75.00 - $100.00)

                                                                 Title Fees                                       $0.00

            Recording Fees:
            Grant Deed ($10.00)
            Deed of Trust ($60.00)
            Misc. Recording Fees (Quitclaim deed, etc. $20.00)
            Title Company Wire Fee ($25.00)

                                                                 Recording Fees                                   $0.00


                                      Total Escrow, Title & Recording Fees                                 $1,711.25
Sebastian Frey, Realtor - Thunderbird Real Estate                   Direct: (831) 239-6727
http://sebfrey.com/realestate/                                      E-Mail: sebfrey@sebfrey.com

            Buyer’s Name                                   Property Address
            John Q. Public                                 100 Main Street




            Impounds:                                            Annual $ Monthly $ # Mo. Res. Reserve $
            Property Taxes                          Rate    1.25% $9,687.50  $807.29          4 $3,229.17
            Fire Insurance                                                     $0.00          2     $0.00
            Flood Insurance                                                    $0.00          2     $0.00
            Private Mortgage Insurance              Rate    0.30% $2,325.00  $193.75         12 $2,325.00


                                                           Totals   $12,012.50    $1,001.04       $5,554.17
Sebastian Frey, Realtor - Thunderbird Real Estate                         Direct: (831) 239-6727
http://sebfrey.com/realestate/                                            E-Mail: sebfrey@sebfrey.com

            Buyer’s Name                                      Property Address
            John Q. Public                                    100 Main Street




            Prorations:
            Property Tax Prorations $
            (6 mo. taxes ) by 180 = per diem x # of days that Buyer owns property)

            HOA Prorations, if any $
            (Dues ) by 30 = per diem x days that Buyer owns property)

            Rent Prorations, if any $
            (Rent ) 30 = per diem x days that Buyer owns property)




                                                              Total Prorations                          $0.00
Sebastian Frey, Realtor - Thunderbird Real Estate                         Direct: (831) 239-6727
http://sebfrey.com/realestate/                                            E-Mail: sebfrey@sebfrey.com

            Buyer’s Name                                     Property Address
            John Q. Public                                   100 Main Street




            Other Charges:                                                                      Amount
            Fire Insurance ($500.00, or get quote from ins. agent)
            Flood Insurance ($450.00) ordered only if lender required
            Notary Fees paid to Notary ($10.00 per signature)
            Misc. Fees/Costs: ($300 - $500 Pad, refunded if not needed)

                                                                                                        $0.00

				
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