HUD-94194 Mortgagee's Report of Net Sales Proceeds Schedule F Risk

Mortgagee's Report
of Net Sales Proceeds
Schedule F Risk-Sharing

OMB Approval #2502-0500
(exp. XX/XX/XXXX)

U.S. Department of Housing
and Urban Development
Office of Housing
Federal Housing Commissioner

Instructions: See HUD Handbook 4590.1 instructions on how to prepare this Schedule. Submit an original and two copies. Submit supporting
documentation required by HUD Handbook 4590.1.
1. HFA Name

2. HFA Mortgagee Number:

3. Project Name

4. FHA Project Number

5a. Appraised Value

5b. Appraiser Name

5c. Appraiser Address

5d. Date Appraisal Performed (mm/dd/yy)

6. Contract Sales Price

7. Method of Disposition

Negotiated Sale

Competitive Bid

Project Not Sold

Part I – Complete If Project Has Been Sold
A. Sales Price/Appraised Value (If the project was sold by negotiated sale, enter the highest of the amounts in Items 5a or
6. If the project was sold by competitive bid, enter the amount in Item 6)
B. Additions (Amounts due from buyer at closing)
Taxes
Insurance
Water and Sewer
Ground Rents
Other Operating Expenses (describe)
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
Total Additions
C. Deductions (Amounts due to buyer at closing)
Prepaid rents (Schedule B, Column 8)
Taxes
Insurance
Water and Sewer
Ground Rents
Other Operating Expenses (describe)
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
Total Deductions
D. Net Sales Proceeds
(Line A plus Line B minus Line C)

A. $ ____________________

$ _______________________
$ _______________________
$ _______________________
$ _______________________
$ _______________________
$ _______________________
$ _______________________
B $ ____________________
$ _______________________
$ _______________________
$ _______________________
$ _______________________
$ _______________________
$ _______________________
$ _______________________
$ _______________________
C. $ ____________________
D. $ ____________________

Part II – Complete If Project Has Not Been Sold
A. Appraised Value (Enter amount in Item 5a)

A. $ ____________________

B. Deductions
Prepaid rents (Schedule B, Column 8)
Taxes
Insurance
Water and Sewer
Ground Rents
Other Operating Expenses (describe)
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
Total Deductions
C. Net Sales Proceeds (Line A minus Line B)

$ _______________________
$ _______________________
$ _______________________
$ _______________________
$ _______________________
$ _______________________
$ _______________________
$ _______________________
B $ ____________________
C. $ ____________________

To the best of my knowledge, all the information stated herein, as well as any information provided in the accompaniment herewith, is true and accurate.
Warning: HUD will prosecute false claims and statements. Conviction may result in criminal and/or civil penalties. (18 U.S.C. 1001, 1010, 1012; 31 U.S.C. 3729, 3802)
Signed By: HFA Representative

Previous editions are obsolete

Signature

Date

Page 1 of 2

form HUD-94194 (12/97)
ref. Handbook 4590.1

Instructions for Completing F - Mortgagee's Report of Net Sales Proceeds
A. Overview. Report the results of the appraisal and compute the
“net sales proceeds”.

C. Required Supporting Documentation. Retain the following
documentation to support amounts shown on Schedule F:

B. Steps to Complete Form.

1. Copies of the two required appraisals

1. Complete the lender data and fill in the requested information
on the appraisal, the contract sales price and the method of
disposition.

2. If the project has been sold:
a. Copy of Sales Contract
b. Copy of Settlement Statement

2. If you have sold the property, complete Part 1 of this Schedule. Show how project income and expense were prorated at
the time of settlement. Do not deduct any real estate sales
commission or other disposition cost, since these are shown
on Schedule D.

3. If the project has not been sold, documentation to support
prorated expenses.

3. If you have not sold the property prior to the expiration of the
terms of the HFA Debenture, complete Part II of this Schedule.

Previous editions are obsolete

Page 2 of 2

form HUD-94194 (12/97)
ref. Handbook 4590.1