Free Real Estate Closing Form Template

Real Estate Closing Form

This Real Estate Closing Form encapsulates the pivotal moment of property transfer, meticulously outlining the financial intricacies of the transaction between the buyer and seller within [Your Company Name]. It serves as a comprehensive record of the property's details, transaction specifics, closing costs, adjustments, and final settlement figures.

Property Information

Property Address:

[Property Address]

County:

[County Name]

Parcel Number:

[Parcel Number]

Legal Description:

[Legal Description]

Type of Property:

[Type of Property]

Transaction Details

Purchase Price:

$250,000

Earnest Money Deposit:

$5,000

Loan Amount:

$200,000

Down Payment:

$50,000

Closing Date:

March 31, 2024

Closing Costs

Item

Buyer's Cost

Seller's Cost

Title Insurance

$1,200

$800

Recording Fees

$300

$200

Inspection Fees

$350

$0

Appraisal Fees

$500

$0

Attorney Fees

$1,000

$1,200

Property Taxes

$1,500

$0

Prorated HOA Fees

$200

$0

Other Fees

$300

$150

Total Closing Costs

$5,350

$2,350

Credits and Adjustments

Item

Buyer's Adjustment

Seller's Adjustment

Prorated Property Taxes

$300

$0

Home Warranty Contribution

$500

$0

Repairs/Improvements

$0

$1,000

Other Adjustments

$100

$0

Total Adjustments

$900

$1,000

Final Transaction Details

Total Funds Due at Closing:

$4,450

Total Funds Due to Seller:

$1,350

Cash to Close (or from Seller):

$3,100

Total Net Proceeds to Seller:

$1,350

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