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This Closing Statement is for a real estate transaction where the transaction is a cash sale or provides for owner financing. This settlement statement is verified and signed by both the seller and
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What is closing statement

A closing statement is a financial document summarizing the final details of a real estate transaction or settlement between parties.

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Who needs closing statement template?

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Closing statement template is needed by:
  • Home buyers
  • Home sellers
  • Real estate agents
  • Mortgage lenders
  • Title companies
  • Attorneys

How to fill out the closing statement template

  1. 1.
    Start by opening your PDF filler tool and uploading the closing statement template.
  2. 2.
    Review the top section to fill in the date of the closing and the names of all parties involved.
  3. 3.
    In the buyer and seller sections, clearly indicate the full names, current addresses, and contact information.
  4. 4.
    Proceed to the property description section, ensuring to specify the property address, legal description, and any relevant identifiers.
  5. 5.
    Enter the purchase price in the designated field, going to include any earnest money deposited previously.
  6. 6.
    Fill in all financial details such as closing costs, taxes, insurance, and any credits or debits needing adjustment between parties.
  7. 7.
    Ensure all calculations are double-checked for accuracy and clarity; this includes totals for the buyer and seller's sides.
  8. 8.
    Finally, sign and date the document where indicated, ensuring all parties have reviewed and agreed on the stated terms.
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