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TXR 1935 — Seller's Estimated Net Proceeds

This form provides the seller with an estimated breakdown of costs that will be deducted from the sales price at closing, resulting in an estimated net proceeds figure. It itemizes typical seller closing costs (broker fees, title policy, escrow fees, prorations, repairs, etc.), deducts them along wi

Source: TXR
Form Number: 1935
Category: Other
Revised: February 1, 2018

Used For

Residential Sales, Farm & Ranch, Vacant Land

Form Outline

The TXR 1935 form is organized into the following sections:

  1. Header and Disclaimer
    Identifies the form and establishes that all figures are estimates only and not guaranteed. This disclaimer is critical for liability protection.
  2. Seller and Property Information
    Captures basic transaction information including the seller's name, property address, expected closing date, annual tax and maintenance fee amounts, and the buyer's financing type which affects closing costs.
  3. Estimated Costs
    Comprehensive line-item breakdown of all estimated costs the seller will incur at closing, including professional fees, prorations, repairs, title costs, and buyer concessions.
  4. Estimated Proceeds to Seller
    Calculates the seller's estimated net proceeds by subtracting total estimated costs and any existing loan payoff amounts from the sales price.
  5. After Closing Refunds
    Estimates additional money the seller may receive after closing from their existing lender, including refunds of unused insurance premiums and the balance of the escrow/impound account.
  6. Prepared By and Seller Acknowledgment
    Identifies who prepared the estimate and includes the seller's initials acknowledging receipt of the document.

How RaiderX Agents Use This Form

When you upload a signed TXR 1935 to a deal in RaiderX's Deal Manager, it reads the form's key dates and terms and automatically builds out your deadlines, contingencies, and tasks — so nothing slips through the cracks between contract and closing. Forms with a fill map also support e-signature directly inside RaiderX, so you can send this document for signature without leaving the platform.

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