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Chapter 13

Form 13-2

Bid Calculation Worksheet

1.

Obligations

Balance as of [date]

 

Note account number [list each]    

$____________

 

Attorney’s fees (estimate)   

$____________

 

Appraisal cost (if authorized by Deed of Trust)    

$____________

 

Total:l   

$____________

2.

Valuations: [property address]    

 

 

Fair market value    

$____________

 

Prior liens [list each]    

$____________

 

Taxes    

$____________

 

Cleanup lien    

$____________

 

Casualty insurance proceeds    

$____________

 

Minimum bid = FMV –  

 

prior liens + taxes + cleanup lien

 

  x ________% (supplied by mortgagee)

 

Minimum bid   

$____________

3.

Bid range    

 

Minimum bid    

$____________

 

Minimum bid authorized by mortgagee    

$____________

Repeat items 2. and 3. for each property.