This is a Purchaser's Request of Accounting Statement from Seller. It is a request in writing to receive an accounting of the payments paid since the contract was made and a breakdown of any interest, fees, costs, taxes and insurance paid. It is also a request for the balance due on the contract.
A Chandler Arizona Buyer's Request for Accounting from Seller under Contract for Deed is a formal document submitted by a buyer to the seller in a real estate transaction involving a contract for deed. It requests a detailed accounting of the financial transactions related to the property being sold. This buyer's request is essential to ensure transparency and clarity throughout the purchase process, as it allows the buyer to gain insight into the financial aspects of the property. Keywords: Chandler Arizona, Buyer's Request, Accounting, Seller, Contract for Deed, Real Estate Transaction, Financial Transactions, Transparency, Clarity, Purchase Process. There can be different types of Chandler Arizona Buyer's Request for Accounting from Seller under Contract for Deed, based on the specific aspects of the transaction that the buyer wants to investigate. Below are a few examples: 1. Financial Statement Request: This type of buyer's request seeks a detailed breakdown of all financial statements related to the property, including income, expenses, and any outstanding debts or liabilities. 2. Repair and Maintenance History Request: In this case, the buyer requests a comprehensive account of all repairs and maintenance work done on the property during the seller's ownership. It may include invoices, receipts, and contracts relating to these services. 3. Tax and Insurance Documentation Request: The buyer may ask for complete disclosure of tax records, both state and federal, relating to the property. Additionally, they may request information about any insurance policies taken out by the seller, such as homeowner's insurance. 4. Outstanding Liens and Obligations Request: This type of buyer's request aims to uncover any outstanding liens, mortgages, or obligations that may encumber the property. The buyer wants a clear understanding of any financial burdens linked to the property before finalizing the purchase. 5. Utility Bills and Usage History Request: The buyer may want detailed utility billing statements and usage history to assess the average expenses associated with the property's energy consumption, water usage, and other utility services. 6. Rent Roll Request: In the case of a property that is generating rental income, the buyer may request a rent roll outlining the current tenants, leases, and rental income associated with the property. This helps the buyer assess the potential profitability of the investment. Remember, these are just a few examples of the different types of Chandler Arizona Buyer's Request for Accounting from Seller under Contract for Deed that a buyer may initiate based on their specific needs and concerns. The purpose of the request is to ensure transparency, aid due diligence, and facilitate an informed decision-making process for the buyer.A Chandler Arizona Buyer's Request for Accounting from Seller under Contract for Deed is a formal document submitted by a buyer to the seller in a real estate transaction involving a contract for deed. It requests a detailed accounting of the financial transactions related to the property being sold. This buyer's request is essential to ensure transparency and clarity throughout the purchase process, as it allows the buyer to gain insight into the financial aspects of the property. Keywords: Chandler Arizona, Buyer's Request, Accounting, Seller, Contract for Deed, Real Estate Transaction, Financial Transactions, Transparency, Clarity, Purchase Process. There can be different types of Chandler Arizona Buyer's Request for Accounting from Seller under Contract for Deed, based on the specific aspects of the transaction that the buyer wants to investigate. Below are a few examples: 1. Financial Statement Request: This type of buyer's request seeks a detailed breakdown of all financial statements related to the property, including income, expenses, and any outstanding debts or liabilities. 2. Repair and Maintenance History Request: In this case, the buyer requests a comprehensive account of all repairs and maintenance work done on the property during the seller's ownership. It may include invoices, receipts, and contracts relating to these services. 3. Tax and Insurance Documentation Request: The buyer may ask for complete disclosure of tax records, both state and federal, relating to the property. Additionally, they may request information about any insurance policies taken out by the seller, such as homeowner's insurance. 4. Outstanding Liens and Obligations Request: This type of buyer's request aims to uncover any outstanding liens, mortgages, or obligations that may encumber the property. The buyer wants a clear understanding of any financial burdens linked to the property before finalizing the purchase. 5. Utility Bills and Usage History Request: The buyer may want detailed utility billing statements and usage history to assess the average expenses associated with the property's energy consumption, water usage, and other utility services. 6. Rent Roll Request: In the case of a property that is generating rental income, the buyer may request a rent roll outlining the current tenants, leases, and rental income associated with the property. This helps the buyer assess the potential profitability of the investment. Remember, these are just a few examples of the different types of Chandler Arizona Buyer's Request for Accounting from Seller under Contract for Deed that a buyer may initiate based on their specific needs and concerns. The purpose of the request is to ensure transparency, aid due diligence, and facilitate an informed decision-making process for the buyer.