INSPECTION and OTHER INSPECTIONS. This entry window allows the
user to change an entry or skip a previously entered item or
press the "ESC" key to EXIT the entry window. You simply press
the "DOWN", "UP", "RIGHT", "LEFT" cursor keys to skip the entry
or press the "ENTER" key and a entry blank will appear for the item.
<18>TAX ESCROW * (SEE HOW TO USE ENTRY WINDOW SCREENS)
A entry window screen will be displayed and you can make entries
in the following items. YEARLY TAX - The program uses the yearly
tax amount you enter to automatically calculate the monthly amount.
MONTHS ESCROWED - The program multiplies the number of months you
enter times the monthly amount and calculates the total amount escrowed.
This entry window allows the user to change an entry or skip a previously
entered item or press the "ESC" key to EXIT the entry window. You
simply press the "DOWN", "UP", "RIGHT", "LEFT" cursor keys to skip
the entry or press the "ENTER" key and a entry blank will appear
for the item.
* Page 11
<19>TITLE INSURANCE
This entry has been revised to allow the user to manually enter
a fixed amount for this item or let the program calculate the
title insurance amount using the Title Insurance Rate data stored
on disk.
When you choose this item the program will prompt you to enter an
"A" (for automatic calculation), "M" (for manual entry of a fixed
amount or press the "ENTER" key to skip the entry. If you press
"ENTER" the cursor will return to the SUB-MENU and this entry
will be skipped completely.
If you press "A" (automatic) the cursor will move to the Seller
column, press "S" if the Seller is buying Title Insurance or press
"ENTER to skip. The cursor will now be under the Buyer column, press
"B" if the Buyer is buying Title Insurance or press "ENTER" to skip
the entry. The program will automatically calculate the Title Insurance
amount after you press the respective "S" or "B".
If you press "M" (manual) an entry blank will appear under the Seller
column, enter the fixed amount or press "ENTER" to skip. An entry
blank will appear under the Buyer column, enter the fixed amount or
press the "ENTER" key to skip the entry.
This entry uses the data stored in the file (PTITLE.DST) to calculate
this amount for you. You can change the data file from the SET UP menu.
NOTE: The program uses the stored title insurance rates [(1) below
$100,000, (2) above $100,000 and less than $500,000, (3) above
$500,000 and less than $1,000,000, (4) above $1,000,000 and less
than $10,000,000], for the calculations (based on the mortgage,
loan amounts).
<20>HAZARD INSURANCE ESCROW * (SEE HOW TO USE ENTRY WINDOW SCREENS)
An entry window screen will be displayed and you can make entries
in the following items. YEARLY INSURANCE - The program uses the
yearly insurance amount you enter to automatically calculate the
monthly amount. MONTHS ESCROWED -The program multiplies the number
of months you enter times the monthly amount and calculates the
total amount escrowed. This entry window allows the user to change
an entry or skip a previously entered item or press the "ESC" key to
EXIT the entry window. You simply press the "DOWN", "UP", "RIGHT",
"LEFT" cursor keys to skip the entry or press the "ENTER" key and
a entry blank will appear for the item.
<21>TRANSFER FEE
Enter an amount if the Seller is paying the cost or press "ENTER"
to move to the entry blank under the (Buyer) column. If the Buyer
is paying this cost enter the amount and press "ENTER" and move to
the next entry item.
<22>OTHER ESCROW * (SEE HOW TO USE ENTRY WINDOW SCREENS)
An entry window screen will be displayed and you can make entries
in the following items: FLOOD INSURANCE, INTEREST, OTHER ESCROW
(fill-in-the-blank cost name), OTHER ESCROW (fill-in-the-blank
cost name). This entry window allows the user to change an entry
or skip a previously entered item or press the "ESC" key to EXIT
the entry window. You simply press the "DOWN", "UP", "RIGHT", "LEFT"
cursor keys to skip the entry or press the "ENTER" key and a entry
blank will appear for the item.
* Page 12
<23>OTHER
This entry prompts you to enter the "Name" of the cost, in an entry
blank [located to the left of the (Seller) column]. You can type-in
the "Name" of the cost, and then press "ENTER". The cursor will move
to the blank under the (Seller) column. Enter an amount, or press
"ENTER" to step to the next blank [under the (Buyer) column].
Enter an amount, or press "ENTER" to move to the next entry item.
The "Name" of the cost item will be printed on the Buyer's cost
report and the Seller's net proceeds report.
<24>OTHER
This entry prompts you to enter the "Name" of the cost, in an entry
blank [located to the left of the (Seller) column]. You can type-in
the "Name" of the cost, and then press "ENTER". The cursor will move
to the blank under the (Seller) column. Enter an amount, or press
"ENTER" to step to the next blank [under the (Buyer) column].
Enter an amount, or press "ENTER" to move to the next entry item.
The "Name" of the cost item will be printed on the Buyer's cost
report and the Seller's net proceeds report.
<25>CREDIT REPORT
Enter an amount if the Seller is paying the cost or press "ENTER"
to move to the entry blank under the (Buyer) column. If the Buyer
is paying this cost enter the amount and press "ENTER" and move to
the next entry item.
<26>RECORDING FEE * (SEE HOW TO USE ENTRY WINDOW SCREENS)
An entry window screen will be displayed and you can make entries
in the following items. RECORDING FEE, TAX STAMP DEED, TAX STAMP
NOTE, NOTARY FEE, PHOTO/VIDEO FEE. This entry window allows the
user to change an entry or skip a previously entered item or press
the "ESC" key to EXIT the entry window. You simply press the "DOWN",
"UP", "RIGHT", "LEFT" cursor keys to skip the entry or press the
"ENTER" key and a entry blank will appear for the item.
<27>PMI/MIP/VA FEE
This entry is just like the Brokerage entry. If PMI/MIP/VA FEE
is one percent (1%) of the amount financed, type-in "1", or whatever
percentage applies. Remember, you can enter the percentage in the
(Seller) or (Buyer) column. When financing PMI/MIP/VA FEE in the
loan, the amounts will not display in these entry blanks. The
calculated amount will-be-added to the base loan amount. Be
careful with this entry. You will need to enter the percentages,
for PMI, MIP and VA FEE entries, because these amounts (they are
not fixed) can vary. If you do not enter a percentage in this
entry the program cannot calculate the cost.
<28>APPRAISAL
Enter an amount if the Seller is paying the cost or press "ENTER"
to move to the entry blank under the (Buyer) column. If the Buyer
is paying this cost enter the amount and press "ENTER" and move to
the next entry item.
<29>WARRANTY
Enter an amount if the Seller is paying the cost or press "ENTER"
to move to the entry blank under the (Buyer) column. If the Buyer
is paying this cost enter the amount and press "ENTER" and move to
the next entry item.
* Page 13
<31>SELLER CREDITS * (SEE HOW TO USE ENTRY WINDOW SCREENS)
An entry window screen will be displayed and you can make entries
in the following items. TAX CREDIT, INTEREST CREDIT, OTHER CREDIT.
This entry window allows the user to change an entry or skip a
previously entered item or press the "ESC" key to EXIT the entry
window. You simply press the "DOWN", "UP", "RIGHT", "LEFT" cursor
keys to skip the entry or press the "ENTER" key and a entry blank
will appear for the item. These items will be subtracted from the
sellers closing cost and the net proceeds will increase by the total
amount of these credits.
<32>FEE'S * (SEE HOW TO USE ENTRY WINDOW SCREENS)
An entry window screen will be displayed and you can make entries
in the following items: ASSOCIATION FEE, MAINTENANCE FEE, OTHER
FEE. This entry window allows the user to change an entry or skip
a previously entered item or press the "ESC" key to EXIT the entry
window. You simply press the "DOWN", "UP", "RIGHT", "LEFT" cursor
keys to skip the entry or press the "ENTER" key and a entry blank
will appear for the item. These fee amounts will be added to the
buyers total payment amount and are not added to the closing costs.
When you make the last entry the program will calculate the Seller's
and Buyers costs. The total Seller's cost automatically subtracts from
the sale price and the program displays the Seller's Net Proceeds. The
total Buyer's cost will be automatically added to the Down Payment and
subtracted from the Earnest money deposit. The program then displays
the Total Buyer's (cash at closing) cost. The monthly payment amount
(including the principal and interest) will be displayed at the lower
portion of the screen.
This completes all the entries and the cursor will be blinking at the
bottom screen SUB-MENU. You can change any of the entries to suit your
clients needs. As you change the entries the entire worksheet
recalculates for you.
SEE: HOW TO USE WORKSHEET MENU'S for more details.
* Page 14
******* <2>FHA ACQUISITION WORKSHEET
<2>FHA ACQUISITION WORKSHEET is a sub-program that you can
calculate an FHA Acquisition Loan by simply entering the
Sale price, Closing costs, Interest rate and Number of years
financed. The program uses the JULY 1991 FHA rules changes in
calculating the results. The program subtracts the closing
costs (the Seller is paying) from the Sale/Appraisal price
and adds "57%" of the closing cost to the remainder. It
then calculates the (95% + $500 or 97%) amount for you.
Also calculated is the 97.75% o r 98.75% amount of the
sale/appraisal value. The two amounts will be compared,
and the smaller of the two will be used as the maximum
loan amount. The smaller of the two amounts will be subtracted
from the sale/appraisal price and the down payment will be
calculated. The program also prompts you to enter the tax
and insurance costs (required at closing). Two (2) months
mortgage insurance premium payments will be calculated and
displayed. The calculated down payment will be added to the
taxes, insurance, mortgage insurance premium payment and
Buyer portion of the closing cost. The Total Investment
will be displayed, including any other closing costs from
the Sales/Purchase worksheet.
The program also calculates the payment amounts for taxes
and insurance based on your tax and insurance entries. Also
the program calculates the Mortgage Insurance monthly payment
amount. The formula used for this calculation is one-half-of-one
percent (.5%) of the loan balance divided by twelve (12) months.
Remember that the program calculates the two (2) month amount but
you enter the actual amount the program uses. If the program
calculations methods are different from yours, you can use your
calculated amount. Once you go through the worksheet you can
change any previously entered amount and the worksheet will
recalculate the answers for you. If the results are satisfactory,
you can print a completed worksheet and closing cost summary for
your client. You also can save the data in a file for future
revisions (either from the FHA Acquisition worksheet or
Sales/Purchase worksheet).
When you choose this option from the Main Menu the FHA ACQUISITION
worksheet will be presented, and you will be prompted for either a
(yes) or "N" (no) entry. If you want to fill-out a new worksheet
press "Y" (yes). If you want to retrieve a saved file press "N"
(no) and you will be prompted to enter a filename. The filenames
will be displayed at the top of the screen. Enter the filename
and the file will be retrieved and all the data will be entered
to the worksheet screen. If you press "Y" (yes) the program will
step through the following entries allowing you to enter new data.
<1>SALE PRICE
Enter the Sale price (any number from 1-9999999) and then press "ENTER".
<2> INTEREST RATE
Enter the interest rate (any number from 1-50) and then press "ENTER".
<3> YEARS FINANCED
Enter the number of years the loan will be financed (any number
from 0-50) and then press "ENTER".
* Page 15
<4> TOTAL CLOSING COST (SEE HOW TO USE ENTRY WINDOW SCREENS)
This entry window allows the user to change or skip a previously
entered item or press the "ESC" key to return to the main worksheet
screen. You simply press the cursor keys ("DOWN", "UP", "RIGHT",
"LEFT") to skip or move to an entry item or press the "ENTER" key
and a entry blank will appear for the item.
When the ALLOWABLE CLOSING COST entry window is first displayed
the cursor will be blinking next to ORIGINATION under the sellers column.
ORIGINATION FEE
Type-in the origination fee percentage (e.g. 1 for one percent,
1.25 for one and one/quarter percent) and then press "ENTER".
The program will calculate the origination fee for you.
SURVEY
Type-in the SURVEY cost amount and then press "ENTER".
Appraisal
Type-in the APPRAISAL cost amount and then press "ENTER".
LEGAL FEE (SEE HOW TO USE ENTRY WINDOW SCREENS)
The LEGAL FEE entry window will be displayed. This entry is
the same entry screen as the Sales/Purchase worksheet LEGAL
FEE entry. The items which are utilized in the FHA allowable
cost calculations are designated by an "*".
CREDIT REPORT
Type-in the CREDIT REPORT cost amount and then press "ENTER".
RECORDING FEE (SEE HOW TO USE ENTRY WINDOW SCREENS)
The RECORDING FEE entry screen will be displayed. This entry
is the same entry screen as the Sales/Purchase worksheet
RECORDING FEE entry. The items which are utilized in the
FHA allowable cost calculation are designated by an "*".
TITLE insurance
This entry allows the user to either have the program
automatically calculate the title insurance amount or
manually enter a fixed amount. If you press "A" the
program will automatically calculate the title insurance
amount. If you press "M" an entry blank will appear and
you can enter the fixed title insurance amount. If you
simply press "ENTER" you can skip the entry and move to
the next entry item. The program uses the data stored
in the file "Ptitle.dst" to make the automatic calculations.
You can change the title insurance data file from the system
SET UP MENU.
THE ALLOWABLE CLOSING COST SCREEN WILL REMAIN DISPLAYED UNTIL
YOU PRESS "ENTER".
<5> MIP FINANCED (Y/N)
The cursor will now be blinking in the blank after <5> MIP
FINANCED (Y/N). If MIP is not financed, press "N", then press
enter. If MIP is financed press "Y" and then press "ENTER".
* Page 16
<6> TAX ESCROW
The TAX ESCROW entry window will be displayed. This entry window
is the same entry screen that is used in the Sales/Purchase Worksheet.
Press the "ENTER" key and enter the yearly tax amount and then press
"ENTER" and move to the next entry. The program now calculates the
monthly tax amount and displays it in the appropriate column. Press
"ENTER" and type-in the number of months, taxes will be escrowed and
then press "ENTER". The program now calculates the ESCROW amount for
the number of months escrowed.
<7>Ins. Escrow
The INSURANCE ESCROW entry window will be displayed. This entry window
is the same entry screen that is used in the Sales/Purchase Worksheet.
Press the "ENTER" key and enter the yearly insurance amount and then
press "ENTER" and move to the next entry. The program now calculates
the monthly insurance amount and displays it in the appropriate column.
Press "ENTER" and type-in the number of months insurance will be escrowed
and then press "ENTER". The program now calculates the ESCROW amount for
the number of months escrowed.
<8>MIP Escrow
A calculated amount (for 2 MONTHS MIP PAYMENTS) will display next to
the this entry blank. If this amount is correct, type-in the calculated
amount in the entry blank. If you or your company uses a different method
for calculating this amount, then type-in your calculated amount. This
amount is added to the other cost items and is included in the Total
Investment amount. (This item will show up as the <16>FHA/MIP ESCROW
item in the Sales/Purchase Worksheet). Half of this amount [one (1)
month] will also be included in the monthly payment amount.
<9> Buyer, Address, Agent
You can press "ENTER" to step through the Buyer, Address and Agent
blanks or you can fill-in the blanks. Type-in the Name of your
client (30 characters or less) and then press "ENTER". Type-in
the Address of the property (30 characters or less) and then press
"ENTER". Type-in your name (30 characters or less) and then
press "ENTER".
<10>ADDITIONAL DOWN PAYMENT
This entry is optional. If a Buyer is paying an additional down
payment, type-in "10" from the sub-menu and a entry blank will
appear and you can type-in the amount in the entry blank. This
amount will be added to the FHA minimum down payment and shows
up as total DOWN PAYMENT in the Sales/Purchase Worksheet.
<11> ASSESSMENTS
Type-in the association fee amount and press "ENTER". Type-in
the maintenance fee amount and press "ENTER". Type-in the other
fee amount and press "ENTER". The above three amounts will be
added to the monthly payment amount. These fee's will be added
to the monthly payment amount, but are not added to the closing
costs.
THE PROGRAM JUST FINISHED ALL OF THE CALCULATIONS AND THE MONTHLY
PAYMENT IS DISPLAYED. THE WORKSHEET IS COMPLETE. THE CURSOR IS NOW
AT THE BOTTOM RIGHT OF THE SCREEN (AT THE SUB-MENU). YOU CAN GO
BACK AND CHANGE ANY PREVIOUSLY ENTERED ITEM.
* Page 17
******* SUB-MENU
The only difference between the FHA worksheet SUB-MENU and the Sales/Purchase worksheet SUB-MENU is that <FHA> has changed to <N>Netsheet and the <C>Contract menu option is not available from the FHA worksheet. If you press "N" you will be switched to the Sales/Purchase Worksheet. All the information from the FHA Worksheet will be transferred into the Sales/Purchase Worksheet. You can type-in "FHA" from the Sales/Purchase Worksheet and return to the FHA Worksheet. If you want to print a contract, press "N" and switch to the Sales/Purchase worksheet. From the Sales/Purchase worksheet press "C" and you can prepare a contract worksheet for printing.
SEE: HOW TO USE WORKSHEET MENU'S for more details.
******* CONTRACT WORKSHEET
The Contract Worksheet allows you to enter all of the items, not
included in the Sales/Purchase worksheet. EASY AGENT will fill-in
the blanks of the Contract Form, with all previously entered data.
You will only be entering data which is specific to the contract form.
HOW TO USE <C> CONTRACT
Press "C" and you will be prompted whether you want to fill-out a
Residential or Commercial Contract form. Make your choice
("R" or "C"), and the you will be prompted if you want to
prepare a new Contract (Y/N). If you press "N", the cursor
will move to the sub-menu at the bottom of the Contract screen
(you can make changes from the SUB-MENU). If you press "Y" the
cursor will step through each of the following entries, until the
worksheet is complete. NOTE: The length of the displayed entry
blanks determines the number of characters you can enter for each
entry.
******* RESIDENTIAL Contract
1>LOT.
Type-in the Lot Number of the property, then press "ENTER".
2>BLOCK
Type-in the block number of the property, then press "ENTER".
3>SUBDIVISION
Type-in the subdivision name for the property, then press "ENTER".
4>PART
Type-in the number for the subdivision part (from property
description), then press "ENTER".
COMMERCIAL CONTRACT does not have a number 4> ENTRY.
5>COUNTY
Type-in the name of the county or parish, then press "ENTER".
* Page 18
7>FIRM
This entry and the next entry (APROX) pertain to the loan assumption
entry. If this Contract is for a loan assumption use these entries.
If this is not a loan assumption, do not fill-in these entries. If
the 8>ASSUME amount is correct, type-in X, then press "ENTER". If
this entry doesn't apply to this Contract, press "ENTER". When you
print the Contract, the program will print the appropriate "X" in
(either) the FIRM or APROX blank.
8>ASSUME
Type-in the loan amount the purchaser will be assuming, then press
"ENTER". If this is not an assumption, leave this entry blank.
9>DESCRIPTION
Type-in the property description (58 characters max) as required,
then press enter.
10>DESCRIPTION
Type-in the property description (58 characters max) as required,
then press "ENTER".
11>LEASE FEE
Enter "B" if the Buyer is paying, or enter "S" if the Seller is
paying, then press "ENTER". If neither is paying this fee, press
"ENTER", and the entry will display "N/A".
12>OTHER
Enter "B" if the Buyer is paying, or enter "S" if the Seller is paying,
then press "ENTER". If neither is paying this fee, press "ENTER", and
the entry will display "N/A".
The program skipped over the following items, ORIGINATE FEE, PREPAID,
SURVEY, APPRAISAL, ATTORNEY, TRANSFER, LOAN TITLE INSURANCE, OWNER TITLE INSURANCE and PMI/MIP. To the right of each of these items the program
marked the appropriate designation, either B, S or N/A, according to
the values in the Sales/Purchase Worksheet. The program transferred
the information from the Sales/Purchase Worksheet for you. When the
program prints the Contract, the designation on the screen will be
printed on the Contract Form. If any of the designations for any of
the items are not correct, return to the Sales/Purchase worksheet and
check your entry the item.
13>CLOSING DATE
Type-in any necessary comments (40 characters max), then press "ENTER".
The program entered the BROKER'S COMMISSION, into the worksheet for you.
14>%LISTING COMMISSION
Type-in the percent commission the listing agent is to receive, then
press "ENTER".
15>%SELLER COMMISSION
Type-in the percent commission the selling agent is to receive, then
press "ENTER".
16>INSURANCE PROVISIONS
Type-in any necessary comments, then press "ENTER".
* Page 19
17>SPECIAL PROVISIONS
This item consists of five (5) entries. Each entry coincides, with
the items that appear on the Contract addendum. As you make a number
(#) entry or press "ENTER", the cursor will move across the screen to
each five entry blanks.
18>PAGES
This item consists of one (1) entry. Type-in the number of pages that
will be attached to the Contract, then press "ENTER".
19>PERSONAL PROPERTY REMAINING
Simply fill-in the blank (40 characters max), then press "ENTER".
20> for personal property remaining
Simply fill-in the blank (65 characters max), then press "ENTER".
21> for personal property remaining
Simply fill-in the blank (65 characters max), then press "ENTER".
All entries will be printed on the Contract Form, just as you typed them.
******* COMMERCIAL CONTRACT
1>Property
Type-in the property description in the blank.
2>Known as
Type-in the description for this entry.
3>Consisting of
Type-in the description for the property.
5>COUNTY
Type-in the name of the county or parish.
7>FIRM
This entry and the next entry (APROX) pertain to the loan assumption
entry. If this Contract is for a loan assumption use these entries.
If this is not a loan assumption, do not fill-in these entries. If
the 8>ASSUME amount is correct, type-in X, then press "ENTER". If
this entry doesn't apply to this Contract, press "ENTER". When you
print the Contract, the program will print the appropriate "X" in
(either) the FIRM or APROX blank.
8>ASSUME
Type-in the loan amount the purchaser will be assuming, then press "ENTER".
9>DESCRIPTION
Type-in the property description (58 characters max) as required,
then press "ENTER".
11>LEASE FEE
Enter "B" if the Buyer is paying, or enter "S" if the Seller is paying,
then press "ENTER". If neither is paying this fee, press "ENTER", and
the entry will display "N/A".
* Page 20
12>OTHER
Enter "B" if the Buyer is paying, or enter "S" if the Seller is paying,
then press "ENTER". If neither is paying this fee, press "ENTER", and
the entry will display "N/A".
The program skipped over the following items, ORIGINATE FEE, PREPAID,
SURVEY, APPRAISAL, ATTORNEY, TRANSFER, LOAN TITLE INSURANCE, OWNER TITLE INSURANCE and PMI/MIP. To the right of each of these items the program
marked the appropriate designation, either B, S or N/A, according to
the values in the Sales/Purchase Worksheet. The program transferred the information from the Sales/Purchase Worksheet for you. When the program
prints the Contract, the designation on the screen will be printed on the Contract Form. If any of the designations for any of the items are not
correct, return to the Sales/Purchase worksheet and check your entry
the item.
13>CLOSING DATE
Type-in any necessary comments (40 characters max), then press enter.
The program automatically entered the BROKER'S COMMISSION, into the
worksheet for you.
14>%LISTING COMMISSION.
Type-in the percent commission the listing agent is to receive,
then press "ENTER".
15>%SELLING COMMISSION.
Type-in the percent commission the selling agent is to receive, then
press "ENTER".
16>INSURANCE
PROVISIONS, type-in any necessary comments, then press "ENTER".
17>SPECIAL
PROVISIONS. This item consists of five (5) entries. Each entry coincides,
with the items that appear on the Contract addendum. As you make a number
(#) entry or press "ENTER", the cursor will move across the screen to
each five entry blanks.
18>PAGES
This item consists of one (1) entry. Type-in the number of pages that
will be attached to the Contract, then press "ENTER".
19>PERSONAL
PROPERTY REMAINING. Simply fill-in the blank (40 characters max),
then press "ENTER".
20> for personal property remaining
Simply fill-in the blank (65 characters max), then press "ENTER".
21> for personal property remaining
Simply fill-in the blank (65 characters max), then press "ENTER".
22>ADDITIONAL EARNEST MONEY
This entry is for an additional amount of earnest money, to be included
in the Contract, and it requires two entries. One for the additional
amount, and the other for the number of days, before the additional
amount will be in effect.
* Page 21
All entries will be printed on the Contract Form, just as you typed them.
This completes the Contract Worksheet and the cursor is now at the bottom
of the screen, at the SUB-MENU. From the SUB-MENU you can change any of the entries or print a Contract.
<#>CHANGE
If you press the respective number (e.g. 2 for <2> KNOWN AS:) beside
any of the items in the worksheet, you can change any previous entries.
The following items (ADDRESS, DOWN, ORIGINATE FEE, APPRAISAL, SURVEY,
ATTORNEY, TRANSFER FEE, LOAN TITLE INSURANCE, OWNER TITLE INSURANCE,
PMI/MIP, BROKERS COMMISSION, LOAN AMOUNT, NET LOAN, MIP/VA FEE AMOUNT,
PREPAID AND DEPOSIT) are transferred, from the SALES/PURCHASE WORKSHEET.
If they are not correct, return to the SALES/PURCHASE WORKSHEET and
change them, then return to the Contract Worksheet and complete your
entries.
<P>PRINT
press "P" and the program will print a complete Contract for you. Be
sure you turn your printer on, and you may need to Check Form Alignment,
to get the program to print in the proper blanks on the form. Built in
the program, is a "Check Form Alignment" feature. When you press "P",
you will be prompted (at the lower part of the screen), for either a "Y"
or "N" entry, to Check Form Alignment. PRINT HELP: After you check form alignment and the printed data is not in the proper blank: Change the
printer emulation set-up. To do this from the Contract worksheet press
"Q" and return to the Sales/Purchase worksheet. Then press "F" (file)
to display the file menu. Press "S" (save) and type-in the filename,
and then press "ENTER". Next press "Q" (quit) from the worksheet and
return to the MAIN MENU. From the main menu press "3" (system set-up).
Press "4" from the system set-up menu and change the printer emulation.
If you were using "EPSON" change to IBM or if you were using IBM, change
to "EPSON" emulation. Now return to the Sales/Purchase worksheet and open
the file and then try printing your contract.
******* HOW TO CHECK CONTRACT FORM ALIGNMENT:
If you press "Y" the program prints three (3) periods (.) across the
top of the Contract Form. The first period should be directly under "1.",
the second period should be at the beginning of the "LOT" blank, and the
third period should be at the beginning of the "BLOCK" blank. After
checking alignment and adjusting your form in the printer, either press
"Y" to CHECK ALIGNMENT AGAIN, or press "N" and print the Contract. When
printing is complete you will be returned to the SUB-MENU.
<Q>QUIT
Press Q and you will return to the Sales/Purchase Worksheet.
REMEMBER TO SAVE THE SALES/PURCHASE AFTER YOU <Q>QUIT THE CONTRACT
WORKSHEET SCREEN. WHEN YOU SAVE YOUR SALES/PURCHASE WORKSHEET, ALL
THE INFORMATION ENTERED IN THE CONTRACT WILL BE SAVED IN THE SAME
FILE.
The Contract forms (CONTRACT FOR SALE OF REAL ESTATE, Form 7, and
COMMERCIAL PROPERTY CONTRACT, Form 21), included in the EAST AGENT
package, are Copyrighted (c) 1986-1992 by, K. F. Boackle,
attorney-at-law, Jackson, Mississippi 39236.
All entries will be printed on the Contract Form, just as you typed them.
* Page 22
******* HOW TO USE ENTRY WINDOW SCREENS
The entry windows used in the EASY AGENT program allow the user to
change an entry, or skip a previously entered item, or exit the entry
window by pressing the "ESC" key. You simply press the "DOWN", "UP",
"RIGHT", "LEFT" cursor keys to move to an item or skip the item. If you
press the "ENTER" key when the cursor is located at the item, an entry
blank will appear for the item.
The following example will step you through the LEGAL FEE entry window
entries: TAX SERVICE, ATTORNEY FEE, UNDERWRITING FEE, TITLE ENDORSEMENT,
INTANGIBLE TAX, ASSUMPTION FEE, DOCUMENT PREPARATION, and OTHER LEGAL
FEE's.
When the LEGAL FEE entry window is first displayed the cursor will be
blinking next to TAX SERVICE under the sellers column.
If the Seller is paying the Tax Service Fee, press the "ENTER" key and
enter the amount and then press "ENTER". If the Seller is not paying
this fee, press the "RIGHT" cursor key to move to the next entry under
the (Buyer) column. If the Buyer is paying the Tax Service Fee, press
the "ENTER" key and enter the amount, and then press "ENTER". If the
Buyer is not paying this fee, press the "DOWN" or "LEFT" cursor keys
to move to the next entry item. If you press "LEFT" the cursor will
move back to the Seller column. If you press "DOWN" the cursor will
move to the ATTORNEY FEE entry under the Seller column.
The cursor is now blinking in the blank after ATTORNEY FEE, under the
(Seller) column. If the Seller is paying the ATTORNEY FEE, press the
"ENTER" key and enter the amount and then press "ENTER". If the
Seller is not paying this fee, press the "RIGHT" cursor key to move
to the next entry under the (Buyer) column. If the Buyer is paying
the ATTORNEY FEE, press the "ENTER" key and enter the amount and then
press "ENTER". If the Buyer is not paying this fee, press the "DOWN"
cursor key to move to the next entry item.
The cursor is now blinking in the blank under the (Buyer) column.
If the Buyer is paying the UNDERWRITING FEE, press the "ENTER" key
and enter the amount and then press "ENTER". If the Buyer is not
paying this fee, press the "DOWN" cursor key to move to the next
entry item.
The cursor is now blinking in the blank under the (Buyer) column.
If the Buyer is paying the TITLE ENDORSEMENT, press the "ENTER" key
and enter the amount and then press "ENTER". If the Buyer is not
paying this fee, press the "DOWN", "UP", "LEFT", "RIGHT" cursor
keys to move to the next entry item.
The cursor is now blinking in the blank after INTANGIBLE TAX, under the
(Seller) column. If the Seller is paying the INTANGIBLE TAX, press the
"ENTER" key and a blank will appear for the user to enter the tax amount multiplier (e.g. .25 for twenty five cents per one hundred dollars).
Enter the multiplier and then press "ENTER". If the Seller is not
paying this fee, press the "DOWN", "UP", "LEFT", "RIGHT" cursor keys
to move to the next entry. The cursor is now blinking in the blank
under the (Buyer) column. If the Buyer is paying the INTANGIBLE TAX,
press the "ENTER" key and a blank will appear for the user to enter
the tax amount multiplier (e.g. .25 for twenty five cents per one
hundred dollars). Enter the multiplier and then press "ENTER". If
the Buyer is not paying this fee, press the "DOWN", "UP", "LEFT",
"RIGHT" cursor keys to move to the next entry item.
* Page 23
The cursor is now blinking in the blank after ASSUMPTION FEE, under the
(Seller) column. If the Seller is paying the ASSUMPTION FEE, press the
"ENTER" key and enter the amount and then press "ENTER". If the Seller
is not paying this fee, press the "DOWN", "UP", "LEFT", "RIGHT" cursor
keys to move to the next entry. The cursor is now blinking in the blank
under the (Buyer) column. If the Buyer is paying the ASSUMPTION FEE,
press the "ENTER" key and enter the amount and then press "ENTER". If
the Buyer is not paying this fee, press the "DOWN", "UP", "LEFT", "RIGHT"
cursor keys to move to the next entry item.
The cursor is now blinking in the blank after DOCUMENT PREPARATION ,
under the (Seller) column. If the Seller is paying the DOCUMENT
PREPARATION, press the "ENTER" key and enter the amount and then
press "ENTER". If the Seller is not paying this fee, press the
"DOWN", "UP", "LEFT", "RIGHT" cursor keys to move to the next
entry. The cursor is now blinking in the blank under the (Buyer)
column. If the Buyer is paying the DOCUMENT PREPARATION, press the
"ENTER" key and enter the amount and then press "ENTER". If the Buyer
is not paying this fee, press the "DOWN", "UP", "LEFT", "RIGHT" cursor
keys to move to the next entry item.
The cursor is now blinking in the blank after OTHER LEGAL FEE's,
under the (Seller) column. If the Seller is paying the OTHER LEGAL
FEE's, press the "ENTER" key and enter the amount and then press
"ENTER". If the Seller is not paying this fee, press the "DOWN",
"UP", "LEFT", "RIGHT" cursor keys to move to the next entry. The
cursor is now blinking in the blank under the (Buyer) column. If
the Buyer is paying the OTHER LEGAL FEE's, press the "ENTER" key
and enter the amount and then press "ENTER". If the Buyer is not
paying this fee, press the "DOWN", "UP", "LEFT", "RIGHT" cursor
keys to move to the next entry item.
When you press "ENTER" after the last entry, the total of all the
window entry items will be displayed. The prompt at the bottom of
the window will read "Press Enter to Continue". When you press
"ENTER" again the window will clear and you will be returned to
the main worksheet.
******* SYSTEM SET UP
When you choose this option from the Main Menu the System Set Up screen displays. From this screen you can change the Title Insurance Data, view
the data stored in previously saved files, and change the hardware
configuration (monitor or printer).
HOW TO CHANGE TITLE INSURANCE DATA
When you press "1" from the Set Up menu the Title Insurance Data entry
screen is displayed. This entry screen allows you to change an entry by
simply pressing "ENTER" and a entry blank will appear. You can skip a
previously enter item by pressing the "DOWN", "UP", "LEFT" or "RIGHT"
cursor keys or you can press the "ESC" key and exit the entry window.
* Page 24
The Easy Agent program calculates the title insurance amounts for you
using this data. The screen will display the previously entered rates
and then it will prompt you to enter the new Title Insurance rates.
The calculations made by Easy Agent are based on the loan amount. The
rates are for four (4) categories (0 to 100000, 100000 to 500000,
500000 to 1000000, 1000000 to 10000000). The program uses these
rates and decides which rates apply and the amount the rate applies
too. This data file is named "ptitle.dst". The program uses the
stored data for its calculations.
The Sales/Purchase Worksheet simply prompts you for an "A" (automatic),
"M" (manual) or "ENTER" entry. If you enter "A" the program will
automatically calculate the title insurance costs. If you press "M"
the program will display a entry blank for the Seller and Buyer and
you can manually enter a fixed amount and disable the automatic
calculation. If you press "ENTER" the program will either move to
the next entry or return to the SUB-MENU.
HOW TO VIEW FILES ON DISK
When you press "2" from the Set Up Menu, a list of files (on your disk)
will be displayed across the top of the screen (note: these file-names
show the file extension after the name (e.g. .net). At the screen prompt
(at the bottom of the screen) you can enter the name of the file you want
to view. Type-in the file-name (name only do not enter the extension) and
then press "ENTER". The program will display the worksheet for this file.
This feature is added as a convenience only, sometimes you may want to
preview the stored data to insure you retrieve the correct file.
HOW TO SET DISPLAY COLOR OPTIONS
When you press "3" from the Set Up Menu, you will be prompted (below the
Set Up Menu) for (either) a "0" or "1" entry for the type monitor (COLOR
or MONOCHROME) you have connected to your system. When you enter your
choice the prompt will clear and you can either press "Q" or make
another menu choice from the Set Up Menu options.
HOW TO SET PRINTER OPTIONS
When you press "4" from the Set Up Menu, you will be prompted (below the
Set Up Menu) for (either) a "0" (for EPSON emulation), "1" (for IBM
Proprinter emulation) or "2" Laser (for LaserJet emulation). Press
the respective number designation and this configuration will be saved
on disk. When you enter your choice the prompt will clear and you can
either press "Q" or make another menu choice from the Set Up Menu options.
NOTE: review you printer manual to determine the type emulation your
printer uses. Most dot matrix printers on the market are capable of one
or the other types of emulation. If your printout doesn't look like the
samples in the manual, change your printer set-up to the other type
emulation. If you are using EPSON emulation, change your printer type
to IBM emulation. This should correct the problem.
NOTE: If you do not have a HP laser printer, refer to the printer manual
and set-up your printer for HP laserjet emulation. If you can't get your
printer to work properly with the EASY AGENT program, please contact Tom
Boyd, 97 Greenbrook, Brandon MS 30942 . Phone: (601) 825 - 4926. I will
re-code the program printer commands if needed.
* Page 25
EASY AGENT SUPPORT
When you press "5" from the Set Up Menu you will be presented with details
about Software support. The program displays Information about registration
and license, how to contact the author and how to contact the ASP
(ASSOCIATION OF SHAREWARE PROFESSIONALS).
QUIT SYSTEM SET UP
"Q" Quit, when you press "Q" you will return to the Main Menu.
******* HOW TO USE WORKSHEET MENU'S
At the bottom of each worksheet a SUB-MENU will be displayed. The following outlines how to use the menu choices.
</> + - / * CALCULATOR
If you press / you can (add, subtract, multiply or divide) any two
numbers. At the lower left of the screen a blank will appear, enter
the first number you want to calculate, then press ENTER. Another
blank will appear next to the last entry. Press either (+ to add, - to
subtract, * to multiply, / to divide), you don't have to press enter.
The cursor will move to a blank to the right of this entry, now enter
the second number you want to calculate. Press ENTER, your answer will
be displayed on the right side of the screen. This function has been
revised to allow the user to press "ENTER" and skip through the entry
blanks.
<#> CHANGE
To change an entry, press the number of the entry item (EXAMPLE: press
"12", to change SURVEY, or press "5" to change SALE PRICE). Each time
you change an entry the worksheet recalculates completely.
<P> PRINT
Press "P" and you will be presented with a menu choice for either <B>
Buyer or <S> Seller printout. If you want to print a Buyer's cost
report press B. If you want to print a Seller's net proceed report
press N. Buyer and Seller's reports are separate printouts. The Buyer
report is two (2) pages and the Seller report is one (1) page.
<F> FILE
Press F and you will be prompted at the bottom of the screen for another
entry. Press S, to SAVE a file or press O to OPEN a file. Type in the
filename without any file extensions. All the program data files are
saved on disk with the file extension ".net".
<C>CONTRACT
Press "C" and you will be prompted whether you want to fill out a
Residential or Commercial Contract. Make your choice and the you
will be prompted if you want to fill-out a new Contract (Y/N). If
you press "N", the cursor will move to the sub-menu at the bottom
of the Contract Worksheet screen. If you press "Y" the cursor will
step through each entry until the worksheet is complete. See how to
use Contract Worksheet.
* Page 26
<X> PAYMENT (Amortization Worksheet)
If you press "X" you can view or print an amortization schedule. You
will be presented with a Amortization Worksheet. This worksheet allows
you to enter Additinal Payment amounts (to calculate early pay-off,
smaller than normal payment amounts (to calculate a balloon payment),
fixed payment amounts (to calculate a loan balance for the fixed
payment amount) and Adjustable Rate Mortgage interest rates for
four (4) additional years (to calculate the payment amounts for the
adjustable rates). From the worksheet sub-menu you can enter an "A"
<A> Amortize, and a menu selection will be displayed. If you press
"P" a complete amortization schedule will be printed on
your printer. If you press "V" the amortization information will be
displayed at the lower portion of the screen. You can press "ENTER" to
step through (and VIEW) each 12 months ending balance, for the complete
term of the loan or you can press "ESC" to exit and return to the main workscreen. When the last payment amortization information displays,
the program will return to the worksheet SUB-MENU. The "ESC" (escape)
feature was added in version 1.4
When you select "1" from the Amortization sub-menu an entry blank
will appear and you can enter the ADDITIONAL PAYMENT AMOUNT, that
will be paid on the mortgage balance. The program will automatically
calculate the interest saving for the term of the loan.
When you select "2" from the Amortization sub-menu an entry blank
will appear and you can enter the SMALLER THAN NORMAL MORTGAGE
PAYMENT. The program will automatically calculate the balance due
(balloon payment) at the end of the term.
When you select "3" from the Amortization sub-menu an entry blank
will appear and you can enter the PAYMENT AMOUNT for a mortgage loan.
The program will automatically calculate the loan amount this payment
amount will pay-off. This will change the loan balance on this
worksheet only, it will not affect the amount in the other worksheets.
When you return to the Sales/Purchase or FHA worksheets the program will recalculate the loan balance based on the sales price and down payment
amount in these worksheets.
When you select "4" from the Amortization sub-menu, four (4) entry blanks
will appear. You can enter NEW INTEREST RATES for the 2nd, 3rd, 4th and
5th years of a adjustable rate mortgage. The program will calculate loan payments for the four (4) years, based on the loan balance, at the end
of each twelve (12) months period. If you enter an amount in the 3rd
years blank, the program will calculate a loan balance after the first
two (2) years, based on the beginning interest rate, then it will
calcualte a payment for the 3rd year using the beginning balance
after two (2) years payments at the beginning balance rate.
<FHA> FHA WORKSHEET
If you type in "FHA" and then press ENTER, you will be switched to the
FHA ACQUISITION WORKSHEET. All the data and information you have
previously entered will be transferred into the FHA Worksheet. You
can the make any changes to the FHA Worksheet and then switch back
to the SALE/PURCHASE Worksheet by simply pressing "N" from the FHA
