Pay Per Click Strategies

Chapter 24 – From Contract to Completion


Purchaser’s Statement of Adjustment



  • Ask 2 questions for each item


o Debit

  • Does purchaser/vendor owe at completion?

o Credit

  • Has purchaser/vendor already paid?


Ask: Items Debit (owes) Credit (already paid)
Does the purchaser pay at the completion? Purchase prices $200,000
Does the purchaser pay at the completion? 1% title insurance $2,000
Has the purchaser already paid? Down payment $10,000
Does the purchaser pay at the completion? Closing Costs


– Legal fees

– Disbursements









Does the purchase pay?

No. The bank has promised to loan.

Mortgage $10,000
$217 Taxes Does the purchase have to pay?

Depends if it was before or after July 1st?

Yes, if the owner has paid in advance.

Is rental $ owed to purchaser? Downpayment $420
Balance due to complete Box 3

Add up credits


Subtract Credits (box 3)

From Debits (box 2)=

Add up



Copy Box 1



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