Foreclosure Risk Calculator

home budget excel spreadsheet nursing quality assurance tracking foreclosure risk calculator patient cost analysis example free ebay inventory template

Category : Spreadsheet Templates.
Topic : Excel monthly timesheet template consultant. Author : .
Posted : Sun, Feb 21st 2021 22:57 PM.
Format : jpg/jpeg.

Are you planning to foreclose a property or mortgage loan?

Thought of losing your house can blow you off psychologically as most of us feel emotionally attached to our house. However just like other dilemmas, you can solve your financial crisis in a rational way. If you own a distressed property that is either on foreclosure or short sales then we recommend you to thoroughly assess the risks involved. Foreclosure can be difficult on emotional side but is definitely an orderly process. In the end, you can still hope to gain some funds to carry on.

Often the financial institutions levy a penalty on borrower for paying off the mortgage loans earlier than agreed, hence it is important to know your options. Our Foreclosure Risk Calculator will help you in calculating the profit or loss that may incur to the lender with the foreclosure or short sale decision. This sheet will help you in carefully evaluating whether you will be able to reduce the amount you owe towards the debt or you need to renegotiate a short sale or refinancing option.

Begin by downloading this template and recording the terms of your mortgage or property loan. You will need to enter following in the Foreclosure Calculator:

You can easily get most of the information above from your loan agreement documents. Then based on current the service provider you have chosen, you can enter Clean-up Costs and Insurance amount. You will also need to record Property Taxes not paid, Property quick sale discount you might offer and estimated Cost of property sale.

Based on the values you have entered, the "Results & Summary" section will automatically calculate following:

In the end the Foreclosure calculator clearly states whether there will be a "Profit to Lender" or "Loss to Lender", based on whether the lender gets a positive value after deducting Amount of loan, Legal Fees, Loss of income during foreclosure, Cleanup costs, Insurance and unpaid Property taxes from Property Sale Cost.

How is Sale price calculated?

Sale Price is the estimated value on which a property can be sold without incurring loss to the property owner. Based on how much discount you offer for quick property sale or short sale and estimated property value, the Foreclosure calculator calculates the Sale Price. It is the actual selling price of the property.

How is Property Sale Cost calculated?

Property owners usually incur some costs for selling their property which includes marketing, advertising and other legal cost. The Foreclosure calculator calculates Property Sale Cost based the estimated percentage of Cost of property sale and Sales Price.

Recommendations Of Foreclosure Risk Calculator
Beverage Stocktake Template

Beverage stocktake template

Credit Card Pay-off Calculator

Credit card pay-off calculator

Invoice Template for Word

Invoice template for word

College Student Budget Calculator

College student budget calculator

Food Stocktake Template

Food stocktake template

Weekly Timesheet for Multiple Jobs

Weekly timesheet for multiple jobs

Savings Interest Calculator

Savings interest calculator

Weekly Timesheet with Breaks

Weekly timesheet with breaks

Home Inventory Spreadsheet

Home inventory spreadsheet

Calculate the risk of loss at foreclosure using this simple calculator

Calculate the risk of loss at foreclosure using this simple calculator

401(k) Savings Calculator

401(k) savings calculator

Make estimation of costs and creation of the wedding budget simple with this template

Make estimation of costs and creation of the wedding budget simple with this template

Recipe Cost Calculator
Recipe cost calculator

Retirement Savings Calculator
Retirement savings calculator