REBNY Financial Statement 2009-2026 free printable template

Financial Statement Applicant: Address:CoApplicant: Address:Monthly Sources of Income and Projected Housing Expenses Income:ApplicantCoApplicantBase monthly salary: Overtime (monthly): Bonuses (monthly):

How to fill out printable financial statement form

How to fill out REBNY Financial Statement

1. Obtain a blank REBNY Financial Statement form from the REBNY website or your broker.
2. Fill in your personal information, including your name, address, and contact details along with your Social Security number.
3. Provide details of your employment, including your employer's name, address, and your position.
4. List your income, detailing your salary and any additional sources of income.
5. Outline your assets, including bank accounts, investment accounts, real estate, and other valuable possessions.
6. Detail your liabilities, such as mortgage balances, credit card debts, and other loans.
7. Calculate your net worth by subtracting your total liabilities from your total assets.
8. Double-check all entries for accuracy, ensuring calculations are correct.
9. Sign and date the form before submission.

Who needs REBNY Financial Statement?

1. Individuals seeking to rent or purchase real estate in New York City.
2. Landlords and property managers needing financial information from potential tenants.
3. Mortgage lenders requiring financial details for loan applications.
4. Real estate agents assisting clients with rental or purchase applications.

• What is the Rebuy Financial Statement?
• What is the Rebuy Financial Statement for?
• When is the Rebuy Financial Statement Due?
• • Is the Rebuy Financial Statement Accompanied by Other Forms?
  • What Information do I Include in the Rebuy Financial Statement?
  • Where do I Send the Rebuy Financial Statement?

What is the Rebuy Financial Statement?

You must know what the Rebuy Financial Statement is and how to complete it, if you sell or buy an apartment is the New York. This statement may be used by the sellers or listing agents for evaluating and comparing the financial strength of the buyers. It is a sort of the balance sheet. The potential purchaser will provide the information about the assets, monthly income and expenses, and liabilities.

What is the Rebuy Financial Statement for?

The Rebuy Financial Statement is applied in case of the sale or purchase of the co-op apartments. All listing agents of the New York co-ops will ask the purchaser to fill out this statement as it is a part of the whole offer submission procedure. In NYC, the co-op board rejections frequently take place. To avoid the rejection, make sure you have prepared the completed Rebuy Financial Statement.

When is the Rebuy Financial Statement Due?

This statement does not have any due date. It must be dated by the applicant, and it is the only date that must be indicated in the document.

Is the Rebuy Financial Statement Accompanied by Other Forms?

Generally, this balance sheet must be filed separately. Other documents may be required by the listing agent, if some misunderstandings arise.

What Information do I Include in the Rebuy Financial Statement?

First, you must write the name, address and the date when it will be signed. After that, you must provide the whole information about your assets and liabilities. It must include the following:

• Cash in banks;
• Investments;
• Contract deposits;
• Life insurance;
• Retirement funds;
• Accounts and notes receivable;
• Total assets;
• Mortgages;
• Unpaid income taxes;
• Debts;

Moreover, you must provide the information about the sources of income, monthly expenses, contingent liabilities and general information. The statement includes three schedules. The first one is devoted to the stocks and bonds, the second one is the Schedule of Real Estate, and the last one is called the Schedule of Notes Payable.

Where do I Send the Rebuy Financial Statement?

Once the statement is fully completed, send it to the listing agent.

What is rebny financial statement form?

What does this REBNY financial form include? For those of you who are familiar with accounting, the REBNY financial form is a combination of a personal balance sheet and income statement, and allows sellers to evaluate your financial capability and calculate your debt-to-income ratio for co-op purchases.

People Also Ask about printable financial statement template

What are examples of financial statements?

They are: (1) balance sheets; (2) income statements; (3) cash flow statements; and (4) statements of shareholders' equity. Balance sheets show what a company owns and what it owes at a fixed point in time. Income statements show how much money a company made and spent over a period of time.

What is a Re financial statement?

The RE Statement is almost always required when submitting an offer on a co-op apartment in NYC. This Statement is a high-level summary of your assets, liabilities, income, and projected expenses. This lets the listing agent and seller ascertain whether you meet the co-op's financial requirements.

What is a financial statement for a divorce?

The divorce financial statement is a form that lists all assets and liabilities of each person involved in the divorce. Each person must fill one out their portion and submit it to the court in order to explain their financial situation to the court.

How do you create a financial statement?

How to Prepare Financial Statements Step 1: Verify Receipt of Supplier Invoices. Step 2: Verify Issuance of Customer Invoices. Step 3: Accrue Unpaid Wages. Step 4: Calculate Depreciation. Step 5: Value Inventory. Step 6: Reconcile Bank Accounts. Step 7: Post Account Balances. Step 8: Review Accounts.

What is a personal financial statement for a married couple?

Married couples may create joint personal financial statements by combining their assets and liabilities. Income and expenses are also included if the statement is used to attain credit or to show someone's overall financial position. This can be tracked on a separate sheet or an addendum, called the income statement.

What is a financial statement form?

A personal financial statement is a form or spreadsheet detailing a person's financial state at a certain point in time. It details income; the financial worth of stocks, bonds, annuities, mutual funds, and life insurance; and values certain assets.

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What is REBNY Financial Statement?

The REBNY Financial Statement is a standardized financial disclosure form used by real estate professionals, primarily in New York City, to report the financial status and performance of a property or real estate business.

Who is required to file REBNY Financial Statement?

Real estate brokers, property owners, and managers are typically required to file the REBNY Financial Statement, especially when seeking financing or during transactions involving real estate.

How to fill out REBNY Financial Statement?

To fill out the REBNY Financial Statement, one must gather relevant financial documents, accurately input property income and expenses, disclose any liabilities, and ensure that all sections are completed in accordance with REBNY's guidelines.

What is the purpose of REBNY Financial Statement?

The purpose of the REBNY Financial Statement is to provide a clear and consistent overview of a property's financial health, enabling lenders, buyers, and investors to make informed decisions based on reliable financial data.

What information must be reported on REBNY Financial Statement?

The REBNY Financial Statement must include information such as property income, operating expenses, net operating income, debt service, and any outstanding liabilities associated with the property.