A home is being sold for 168250 and the settlement is


A home is being sold for $168,250, and the settlement is scheduled for June 28. The earnest money deposit is $1,500 and a due diligence fee $125. The seller's loan payoff is $92,589.62. The broker commission is 5.5% of sales price. Real property Taxes for the current year $1,495. Other items to be paid at settlement include deed preparation $110, excise tax and a courier fee for the seller's lender $28. Calculate the seller proceeds at settlement using the 30/360 for proration.

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Business Economics: A home is being sold for 168250 and the settlement is
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