Get the free Broker Closing Fee Sheet - Platinum Mortgage Inc
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FINAL CLOSING FEE SHEET (For Purchases Only) **Closing Date BROKER INFORMATION CLOSING AGENT INFORMATION Branch: Closing Agent: Contact: Contact: Phone: Fax: Phone: Account Executive: Broker Address:
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How to fill out broker closing fee sheet
How to fill out a broker closing fee sheet:
01
Begin by entering the client's name and contact information at the top of the form.
02
Next, specify the property details, including the address, type of property, and any additional relevant information.
03
Include the date of the closing and the name of the closing attorney or agent.
04
Determine the total purchase price of the property and enter it into the designated field.
05
Calculate any applicable taxes and fees, such as transfer taxes or recording fees, and include them in the appropriate sections.
06
Document any paid or unpaid liens or mortgages on the property.
07
Calculate any prorations, such as property taxes or homeowners association fees, based on the agreed-upon closing date and record them on the sheet.
08
Include any additional relevant costs, such as title insurance or attorney fees.
09
Deduct any seller credits or concessions from the total amount due.
10
Calculate the net amount due to the seller and buyer and include them in the appropriate sections.
11
Double-check all calculations to ensure accuracy.
12
Review the completed broker closing fee sheet with the client and obtain their signature.
Who needs a broker closing fee sheet:
01
Sellers and buyers in a real estate transaction typically use a broker closing fee sheet.
02
Real estate agents, brokers, or attorneys involved in the closing process also require this document.
03
Lenders or mortgage companies may use the broker closing fee sheet for record-keeping purposes and to ensure all fees are accurately accounted for.
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What is broker closing fee sheet?
The broker closing fee sheet is a document that outlines the fees charged by a broker for closing a transaction.
Who is required to file broker closing fee sheet?
Real estate brokers are required to file the broker closing fee sheet.
How to fill out broker closing fee sheet?
The broker closing fee sheet can be filled out by entering the details of the fees charged for closing a transaction.
What is the purpose of broker closing fee sheet?
The purpose of the broker closing fee sheet is to provide transparency regarding the fees charged by the broker.
What information must be reported on broker closing fee sheet?
The broker closing fee sheet must include details of all fees charged for closing a transaction.
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