100) Blank:

Used for unusual items needing to be shown.

101) Blank:

Used for unusual items needing to be shown.

            Adjustments for items paid by seller in advance:

102) City/town taxes ___________ to ___________

The amount shown on this line will indicate real estate taxes that have been paid for months “from and to”.  It is normally the obligation of the seller to pay real estate taxes from the last time they were paid current to the day of closing on this loan.  This line is used for city and town taxes only.

103) County taxes ___________ to ____________

This line is used for only county real estate taxes paid by the seller.

104) Assessments ___________ to _____________

This line is used for assessments only.  An assessment could be a special charge that cities, towns, or counties sometimes charge for special infra-structure, such as streets and sewer lines.

109 - 112)  Extra blank lines for unusual items unique to a loan closing only.

120) Gross Amount Due From Borrower:

The total of the contract sales price and any amounts shown on lines 101 through 112 are totaled here.

200) Amounts Paid By or on Behalf of Borrower

201) Deposit or earnest money:

The amount you gave your real estate agent as deposit or earnest money is shown on this line.  There is no set amount for this.  It can be whatever amount was agreed upon when the contract was signed.

202) Principal amount of new loan(s):

The amount shown on this line is the actual amount of money you are borrowing from the financial institution or mortgage company to purchase this house.

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