2004-08-06 Buyer's Closing Statemetn
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Guaranty Commercial Title, Inc.
330 Second Avenue South, Suite 750
MINNEAPOLIS, MN 55401
PHONE (612) 339-5813
FAX (612) 337-5966
BUYER'S CLOSING STATEMENT
Closing Date:
Disbursement Date:
BUYER:
SELLER:
Closing Agent:
Closing Agent File No.:
PROPERTY ADDRESS:
August6,2004
August 6, 2004
Gold Key Development, Inc.
Robert C. Heuring and Christine A. Heuring
Guaranty Commercial Title, Inc.
49496
Prairie Run, Albertville, MN
DEBIT CREDIT
Sale Price 550,000.00
Earnest Money 5,000.00
Earnest Money 35,000.00
Credit to Seller 1,200.00
New Loan Amount - $800,000
New Loan Amount - $520,000 520,000.00
New Loan Amount - $250,000 245,000.00
Park Dedication Fees to: City of Albertville 132,500.00
Sanitary Sewer Trunk Fees to: City of Albertville 47,180.00
Municipal Water Trunk Fees to: City of Albertville 40,440.00
Tax Proration 8/6/04-12/31/04 @ $5.99/day 880.53
Balance of Assessments - None
Engineerina Fees to: Hedlund Engineering 49,945.40
Legal Fees to: John Brennan 5,000.00
Closing Fee to: Guaranty Commercial Title 300.00
Title Premium to: Guaranty Commercial Title 1,900.00
(Owner's $1 ,900,000/Loan $960,000/Loan $624,OOO/Loan $300,000)
Mortgaae Reaistration Tax to: Wright County Treasurer 1,840.00
Mortgage Registration Tax to: Wright County Treasurer 1,196.00
Mortgage Registration Tax to: Wright County Treasurer 575.00
Recording Fees
SUBTOTAL 832,956.93 805,000.00
CASH FROM BUYER 27,956.93
CASH TO BUYER
TOTAL 832,956.93 832,956.93
Gold Key Development, Inc.
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