HomeMy WebLinkAboutCLOSING STATEMENT THE VILLA INC
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August ~, 2007
CLOSING STATEMENT
COpy
Of property being purchased this date by Augusta, Georgia from Tel a, nc.
being a portion of 3044 Deans Bridge Road (Map/Parcel 097-1-083-00-0), containing
0.23 acre, more or less.
SELLER STATEMENT
Sales Price:
Less: Earnest Money:
Balance:
$25,000.00
$ 0.00
$25,000.00
Reductions from Sales Price:
Real Estate Commission to
Timberlake Properties:
Prorated Taxes:
Recording Costs:
lh of Survey Costs
(Cranston Engineering - $1490):
lh of Appraisal Costs
(Perdue Appraisal Services - $1500):
$ 1,000.00
$ 353.60
$ 12.00
$ 745.00
$ 750.00
Balance Due Seller:
$ 2,860.60
$22,13 9.40
BUYER STATEMENT
Sales Price:
Less: Earnest Money:
Balance:
$25,000.00
$ 0.00
$25,000.00
Reductions from Sales Price:
Prorated Taxes:
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$ 353.60
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Balance Due From Purchaser:
$24,646.40
'1",
NOTE:
1. Taxes for the year 2007 having been prorated as to the portion of
Map/Parcel 097-1-083-00-0 being purchased, Purchaser will take action to have taxes for
the portion of the year owned by Purchaser abated and deliver Seller's portion ofthe taxes
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for the purchased portion at the time of closing. The balance of the taxes fo the propert~ T
retained by Seller to be paid by Seller when due. COP I
2. Seller and Purchaser hereby acknowledge that each has read and approveu me
foregoing Closing Statement and agree that it accurately reflects the substance of the
financial aspects of the transaction and the parties hereby approve and direct the Closing
Attorney to disburse the proceeds and expense of the sale and purchase in accordance
with this Closing Statement. No responsibility is assumed by the Closing Attorney for
the accuracy of the figures obtained from others. Seller and his agent, in receiving the
funds disbursed herein, release the Purchaser and the Closing Attorney from any claims
against the funds disbursed herein and the assets which are the subject of this closing.
Purchaser and Seller acknowledge that certain ancillary costs in the transfer shall be paid
outside of closing.
3. This contract shall survive the Closing.
4. Survey costs and appraisal fees have been paid by Augusta, Georgia and/or
The Augusta Land Bank Authority and fees to be paid by Seller to be retained by
Augusta, Georgia and/or The Augusta Land Bank Authority.
THE VILLA, INe., 1 ( ,
By: ~lkJe/ /IIt0fJJ
Its: President
AUGUl{A/, GE~RGIA
By: vd-4.€:-
Its: Mayor
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