Real Estate Closing Form
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 |
