| Seller | Darrel Chamberlain | |
| Listing Agent | Daniel Kereczman Adobe Real Estate |
(702) 646-6442 dankereczman@gmail.com |
| Buyer | Katlin Zin & Michael Zin | |
| Buyer's Agent | Christopher Chow Wardley Real Estate |
(702) 755-7673 chrischowlvrealty@gmail.com |
| Escrow Officer | Monica Ruiz Ticor Title Escrow #: 260230106 |
(702) 754-2537 monica.ruiz@ticortitle.com |
| Lender | Melissa Redona Highlands Residential |
(702) 660-8753 MRedona@highlandsmortgage.com |
| Home Inspector | Jack Armstrong WIN Home Inspection |
(702) 551-5987 jarmstrong@wini.com |
| Florida Title (Buyer's Prop) | Laura Swindle Watson Title Services |
407-637-3802 |
Vesting: Darrel Chamberlain, a married man as his sole and separate property
Action Required: A Homestead Declaration was recorded on July 11, 2024, listing Susan Chamberlain. Since Darrel and Susan are now divorced, Title will need a copy of the recorded Divorce Decree (and potentially a Quitclaim Deed/Severance of Homestead from Susan) to clear her interest and remove her from the requirement to sign closing documents. Please provide this to Escrow ASAP.
Action Required: There is an active Deed of Trust recorded April 29, 2024, in the original amount of $433,600 to Nova Financial Investment Corporation (MERS). Escrow will order a payoff demand for this loan to clear it at closing. (Note: The secondary "Lisa Loan" will be paid by the seller outside of escrow.)
Action Required: The 2025-2026 taxes are partially paid. The 1st, 2nd, and 3rd installments are paid, but the 4th installment of $965.49 is Not Paid. This will be prorated and collected by Escrow at closing.
Informational: The report shows standard utility easements (NV Energy, Las Vegas Valley Water District) and CC&Rs for the Providence Master HOA and Living Smart at Providence South HOA. No direct action needed from Seller other than providing the HOA Resale Packages once conditions are met.
| Item Description | Amount |
|---|---|
| Sale Price | $514,900.00 |
| 1st Mortgage Payoff (Nova Financial - Current Principal Balance) | -$425,669.34 |
| 2nd Mortgage (Lisa Loan - For Sky Pointe Dr) *Paid Outside Escrow* | -$57,842.00 |
| Buyer Broker Commission (2.5%) | -$12,872.50 |
| Broker Admin Fee (Listing Broker) | -$495.00 |
| HOA 1 - Providence Master Association (Portal: homewisedocs.com) | |
| Master - Demand Statement Fee | -$200.00 (Est) |
| Master - Resale Package Fee | -$190.22 |
| Master - Transfer Fee | -$200.00 |
| Master - Capital Contribution | $0.00 (None) |
| HOA 2 - Living Smart at Providence HOA (Mgmt: Associa NV South) | |
| Sub - Demand Statement Fee | -$200.00 (Est) |
| Sub - Resale Package Fee | -$260.00 |
| Sub - Transfer Fee | -$200.00 (Est) |
| Sub - Capital Contribution | -$200.00 (Est) |
| Title & Escrow | |
| Owner's Title Policy (Eagle) | -$2,197.00 |
| Escrow / Settlement Fee | -$707.00 |
| Real Property Transfer Tax (State) | -$2,626.50 |
| Credits & Misc | |
| Seller Credit to Buyer (Closing Costs) | -$10,000.00 |
| Home Warranty (Max) | -$850.00 |
| Property Taxes (Unpaid 4th Installment) | -$965.49 |
| TRUE ESTIMATED NET PROCEEDS (Including Lisa Loan) | ~-$775.05 (Shortfall) |