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.
South Fulton Georgia Buyer's Request for Accounting from Seller under Contract for Deed is a document that enables buyers to request a detailed accounting of financial activity from the seller. This request is specific to transactions involving a Contract for Deed, which is a real estate agreement where the seller acts as the lender. The Buyer's Request for Accounting ensures transparency and provides the buyer with an overview of all financial transactions related to the property. It includes relevant keywords such as South Fulton Georgia, buyer's request, accounting, seller, and contract for deed. There are different types of South Fulton Georgia Buyer's Request for Accounting from Seller under Contract for Deed, such as: 1. Basic Accounting Request: This type of request seeks a general overview of the financial transactions related to the property. It includes the purchase price, any payments made by the buyer, interest charges, late fees, and other financial aspects. 2. Detailed Payment History: This request is more comprehensive, covering a detailed breakdown of each payment made by the buyer, including principal, interest, taxes, insurance, and any other charges or credits applied. 3. Escrow Account Report: In cases where an escrow account is involved, the buyer can request a specific accounting of the funds deposited and disbursed from the escrow account, such as property taxes, insurance premiums, or maintenance expenses. 4. Fee Breakdown Request: Buyers may request a breakdown of any additional fees or charges collected by the seller, such as document preparation fees, recording fees, or administrative charges. This helps the buyer ensure transparency and verify the appropriateness of these charges. These different types of requests are designed to provide the buyer with a clear understanding of the financial aspects of the Contract for Deed transaction. By requesting an accounting, buyers can protect their interests and ensure that the seller is acting fairly and in accordance with the agreement. In conclusion, South Fulton Georgia Buyer's Request for Accounting from Seller under Contract for Deed is an important document that enables buyers to obtain a detailed overview of the financial transactions related to the property. It ensures transparency and helps protect the buyer's rights in the contract.South Fulton Georgia Buyer's Request for Accounting from Seller under Contract for Deed is a document that enables buyers to request a detailed accounting of financial activity from the seller. This request is specific to transactions involving a Contract for Deed, which is a real estate agreement where the seller acts as the lender. The Buyer's Request for Accounting ensures transparency and provides the buyer with an overview of all financial transactions related to the property. It includes relevant keywords such as South Fulton Georgia, buyer's request, accounting, seller, and contract for deed. There are different types of South Fulton Georgia Buyer's Request for Accounting from Seller under Contract for Deed, such as: 1. Basic Accounting Request: This type of request seeks a general overview of the financial transactions related to the property. It includes the purchase price, any payments made by the buyer, interest charges, late fees, and other financial aspects. 2. Detailed Payment History: This request is more comprehensive, covering a detailed breakdown of each payment made by the buyer, including principal, interest, taxes, insurance, and any other charges or credits applied. 3. Escrow Account Report: In cases where an escrow account is involved, the buyer can request a specific accounting of the funds deposited and disbursed from the escrow account, such as property taxes, insurance premiums, or maintenance expenses. 4. Fee Breakdown Request: Buyers may request a breakdown of any additional fees or charges collected by the seller, such as document preparation fees, recording fees, or administrative charges. This helps the buyer ensure transparency and verify the appropriateness of these charges. These different types of requests are designed to provide the buyer with a clear understanding of the financial aspects of the Contract for Deed transaction. By requesting an accounting, buyers can protect their interests and ensure that the seller is acting fairly and in accordance with the agreement. In conclusion, South Fulton Georgia Buyer's Request for Accounting from Seller under Contract for Deed is an important document that enables buyers to obtain a detailed overview of the financial transactions related to the property. It ensures transparency and helps protect the buyer's rights in the contract.
