Free Settlement Statement for Real Estate Template

Settlement Statement for Real Estate


1. Property Information

Property Address: 123 Future Lane
City/State/ZIP: Neo City, CA 90210
Property Type: Single-Family Home
Closing Date: January 20, 2080


2. Parties Involved

Seller(s): Orion Vesper and Lyra Novis
Buyer(s): Cassian Sol
Escrow Agent: Aurora Settlements, LLC
Settlement Agent: [Your Name]


3. Financial Summary

1. Sale Price

  • Contract Sale Price: $850,000

2. Buyer’s Expenses

  • Loan Origination Fee: $4,250

  • Appraisal Fee: $600

  • Title Insurance: $2,000

  • Home Inspection Fee: $500

  • Recording Fees: $150

  • Solar Panel Transfer Fee: $1,200

  • Other Costs (Smart Home Setup): $2,500

Total Buyer’s Expenses: $11,200

3. Seller’s Expenses

  • Agent Commission (6%): $51,000

  • Transfer Taxes (0.5%): $4,250

  • Title Insurance: $2,000

  • Escrow Fees: $1,500

  • Repairs or Concessions (Window Replacement): $3,000

  • Other Costs (HOA Transfer Fee): $1,000

  • Total Seller’s Expenses: $62,750


4. Prorations and Adjustments

  • Property Taxes (Pro-rated for January): $1,200 (Seller Credit)

  • HOA Dues (Pro-rated for January): $250 (Seller Credit)

  • Utilities (Electric and Water): $300 (Seller Credit)

  • Total Adjustments: $1,750


5. Final Amounts

  • Buyer’s Total to Bring to Closing: $860,950

  • Seller’s Net Proceeds: $786,500


Signatures

By signing below, all parties agree to the terms and amounts specified in this statement:

  1. Seller’s Signature:

Date: January 15, 2080

  1. Buyer’s Signature:

Date: January 15, 2080


3. Settlement Agent’s Signature:

[Your Name]

Date: January 15, 2080

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