SCHEDULE OF FORECLOSED PROPERTY
(PROPERTY ACQUIRED BY TAX TITLE LIEN LIQUIDATION)
| Debit | Credit | |
|---|---|---|
|
1.
Balance - January 1, 2021
|
28,500.00 | xxxxxxxxx |
|
2.
Foreclosed or Deeded in 2021
|
xxxxxxxxx | xxxxxxxxx |
|
3.
Tax Title Liens
|
- | xxxxxxxxx |
|
4.
Taxes Receivable
|
- | xxxxxxxxx |
|
5A.
|
xxxxxxxxx | |
|
5B.
|
xxxxxxxxx | |
|
6.
Adjustment to Assessed Valuation
|
xxxxxxxxx | |
|
7.
Adjustment to Assessed Valuation
|
xxxxxxxxx | |
|
8.
Sales
|
xxxxxxxxx | xxxxxxxxx |
|
9.
Cash *
|
xxxxxxxxx | |
|
10.
Contract
|
xxxxxxxxx | |
|
11.
Mortgage
|
xxxxxxxxx | |
|
12.
Loss on Sales
|
xxxxxxxxx | |
|
13.
Gain on Sales
|
xxxxxxxxx | |
|
14.
Balance - December 31, 2021
|
xxxxxxxxx | 28,500.00 |
| 28,500.00 | 28,500.00 |
CONTRACT SALES
| Debit | Credit | |
|---|---|---|
|
15.
Balance - January 1, 2021
|
xxxxxxxxx | |
|
16.
2021 Sales from Foreclosed Property
|
xxxxxxxxx | |
|
17.
Collected*
|
xxxxxxxxx | |
|
18.
|
xxxxxxxxx | |
|
19.
Balance - December 31, 2021
|
xxxxxxxxx | - |
| - | - |
MORTGAGE SALES
| Debit | Credit | |
|---|---|---|
|
20.
Balance - January 1, 2021
|
xxxxxxxxx | |
|
21.
2021 Sales from Foreclosed Property
|
xxxxxxxxx | |
|
22.
Collected*
|
xxxxxxxxx | |
|
23.
|
xxxxxxxxx | |
|
24.
Balance - December 31, 2021
|
xxxxxxxxx | - |
| - | - |
Analysis of Sale of Property:
*Total Cash Collected in 2021
$
-
Realized in 2021 Budget
To Results of Operation (Sheet 19)
-