Sales Representative, SRES
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THIS IS ONLY AND EXAMPLE:


STATEMENT OF ADJUSTMENTS

  ADJUSTED AS OF MARCH 25, 2011

 

SALE PRICE :                                    $126,500.00

DEPOSIT:                                            $5,000.00

TAXES

2011 taxes $1475.41

Vendor has paid $670.65

Vendor's share for 84 days

At $4.03 per day= $338.62

Credit Due to Vendor                                                                                                                                 $332.03

BALANCE DUE ON CLOSING                                    $121,832.03              _____________


                                                                                                         $126,832.03   

    

Please note that the credit can be in the purchaser's favor. This adjustment takes place even if the mortgage lender is paying your taxes for you. The comments contained in this article provide a brief overview only and should not be regarded or relied upon as legal advice or opinion. Your lawyer can provide more information or specific advice on matters of interest to readers. 

  

Christie Stefan

Christie Stefan

Sales Representative, SRES

Sutton Group-Heritage Realty Inc., Brokerage

14 Gibbons St., Oshawa, Ontario, L1J 4X7

cstefan@sutton.com

(905) 259-5996

(905) 436-0990
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