CLOSING STATEMENT

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CLOSING STATEMENT by Mind Map: CLOSING STATEMENT

1. DEBITS= Owes Money

2. CREDITS = Receives Money

3. SELLER

3.1. FINANCIAL

3.1.1. PURCHASE PRICE = CREDIT

3.1.2. DEPOSIT = n/a

3.1.3. SELLER CREDIT = DEBIT

3.1.4. EXCESS DEPOSIT= DEBIT

3.2. PRORATIONS / ADJUSTMENTS

3.2.1. COUNTY TAXES = CREDIT

3.2.2. CAP CONTRIBUTION TO MASTER HOA = CREDIT

3.2.3. WASTE = CREDIT

3.2.4. CDD =CREDIT

3.3. OTHER LOAN CHARGES

3.3.1. E-RECORDING FEE TO POC = n/a

3.4. TITLE CHARGES & ESCROW SETTLEMENT CHARGES

3.4.1. CLOSING SETTLEMENT FEE TO TITLE CO = n/a

3.4.2. COURIER FEE = n/a

3.4.3. TITLE SEARCH = n/a

3.4.4. ALTA FEE= n/a

3.4.5. TITLE INSUANCE= n/a

3.5. COMMISSIONS

3.5.1. AGENT BROKER = DEBIT

3.6. GOVT RECORDING & TRANSFER FEES

3.6.1. TITLE RECORDING FEES =n/a

3.6.2. DEED STAMP = n/a

3.6.3. TAX STAMP = n/a

3.6.4. COUNTY RECORDING = DEBIT

3.7. HOA / MISC FEES

3.7.1. HOA DUES = n/a

3.7.2. BUILDER FEE= CREDIT

3.7.3. IRRIGATION HOOKUP FEE= CREDIT

3.7.4. FINAL SURVEY FEE= CREDIT

3.7.5. REALTOR CREDIT = n/a

4. BUYER

4.1. FINANCIAL

4.1.1. PURCHASE PRICE = DEBIT

4.1.2. DEPOSIT = CREDIT

4.1.3. SELLER CREDIT = CREDIT

4.1.4. EXCESS DEPOSIT= n/a

4.2. PRORATIONS / ADJUSTMENTS

4.2.1. COUNTY TAXES = DEBIT

4.2.2. CAP CONTRIBUTION TO MASTER HOA = DEBIT

4.2.3. WASTE = DEBIT

4.2.4. CDD =DEBIT

4.3. OTHER LOAN CHARGES

4.3.1. E-RECORDING FEE TO POC = DEBIT

4.4. TITLE CHARGES & ESCROW SETTLEMENT CHARGES

4.4.1. CLOSING SETTLEMENT FEE TO TITLE CO = DEBIT

4.4.2. COURIER FEE = DEBIT

4.4.3. TITLE SEARCH = DEBIT

4.4.4. ALTA FEE= DEBIT

4.4.5. TITLE INSUANCE= DEBIT

4.5. COMMISSIONS

4.5.1. AGENT BROKER = n/a

4.6. GOVT RECORDING & TRANSFER FEES

4.6.1. TITLE RECORDING FEES =DEBIT

4.6.2. DEED STAMP = DEBIT

4.6.3. TAX STAMP = DEBIT

4.6.4. COUNTY RECORDING = n/a

4.7. HOA / MISC FEES

4.7.1. HOA DUES = DEBIT

4.7.2. BUILDER FEE= DEBIT

4.7.3. IRRIGATION HOOKUP FEE= DEBIT

4.7.4. FINAL SURVEY FEE= DEBIT

4.7.5. REALTOR CREDIT= CREDIT