Short Sale Worksheet

When working a short sale you can use a spreed sheet to show the banks that they should accept less for the house. I have added a worksheet below as attached the information.

Projected Net at REO Sale

Facts Concerning the Property:

Principle Amount of Loan: $0.00
Interest Rate: 0%
Interest per Month: $0.00
Back Taxes Owed: $0.00
Taxes per Year: $0.00
Back Insurance Owed: $0.00
Insurance per Year: $0.00
HOA Fees per Year: $0.00
Attorney Fees Owed: $0.00

Time Frames:
Today until Forclosure Sale:
Average DOM in Area
Days to Close After REO Sale:

Total Holding Time:

Last Payment Date:

REO Sale

Projected BPO: $0.00

Less:
6% Real Estate Commission: $0.00
Interest in Arrears: $0.00
Holding Interest: $0.00
Taxes in Arrears: $0.00
Holding Taxes: $0.00
Holding Insurance: $0.00
Misc. Holding Costs: $0.00
Attorney Fees: $0.00
Eviction Costs: $0.00
Rehab Costs: $0.00
Total Costs & Expenses: $0.00

Projected BPO: $0.00
Less Expenses: $0.00

NET at REO Sale: $0.00