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Investors & landlords
@ There is an entry point for the sales price and another for expenses of sale. Your sales price is the contract sales price listed on your HUD-1. You do not adjust this price manually.
Sales expenses include:
- commissions
- appraisal fees
- broker's fees
- legal fees
- advertising fees
- home inspection reports
- title insurance
- transfer taxes or fees
- geological surveys
- loan charges (points) or other fees paid on the buyer's behalf
Sales expenses do not include:
- mortgage payoffs
- home equity loan payoffs
- rent-back costs
- payoff to creditors
- property taxes
- home owner association fees
‎January 31, 2020
2:09 PM