Seller's Financial Information

An owner's financial statement can be constructed very simply with a list of assets and liabilities.

Assets

• Real Estate
• Stocks, Bonds, Mutual Funds
• Bank Accounts
• Personal Property
• Retirement Accounts

Liabilities

• Real Estate Loan (s)
• Personal Loans
• Credit Card Debt
• IRS Liens
• Judgements
• Lawsuits

Lenders will want the amount of all the monthly expenses in addition tothe assets and liabilities. These would include:

• Credit Card Bills
• Utility Bills
• Car Payments
• Insurance Cost
• Food and Clothing
• Medical bills
• Child Support
• Tuition Expenses