Seller Net Sheet To Bank
I am working on the 2nd mortgage and the bank asked me for a seller net. Reasonable request.
How important is the sheet.
Will it be alright to just have a few lines basically consisting of what i am willing to give them (40,000 on a 100,000 note) minus the commission or does it ned to be elaborate.
I am basically just showing them what the house is selling for minus commissions and the seller netting 0.
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