The document detailing the final financial arrangement between a buyer and seller and the costs paid by each.
A statement of settlement made by a broker or an escrow company that reflects the financial position of the buyer or seller in that particular real estate transaction.
An itemized form used at closing that specifies exact amounts of all fees, payoffs and escrow information.
A statement of settlement made by an attorney, real estate broker, or a title company that reflects the financial position of the buyer and seller in that particular real estate transaction.
A document which details the final financial settlement and costs paid in the real estate transaction between a buyer and seller.
A statement made to the buyer and the seller or a property, the closing statement is basically a tally or reckoning of the funds involved in a sale of real estate or property.The closing statement is usually created or drawn up by a broker of funds.
The statement which lists the financial settlement between buyer and seller in a real estate transaction and also the costs each must pay. A separate statement is prepared for the buyer and the seller.
a financial statement rendered to the buyer and seller at the close of escrow, giving an account of all funds received or expended by the escrow holder.
A written accounting of all funds handled by escrow, which is issued to the buyer and seller at the close of escrow.
The computation of costs payable at closing and the net proceeds to all parties involved in the transaction. Also known as a Settlement Sheet.
(Settlement Statement) The financial disclosure accounting for all funds received and expected at closing. Sometimes referred to as the ‘HUD-1â€(tm).
A document which details the net amount of money a buyer and seller must pay to complete the purchase of real estate. Also called settlement sheet or HUD-1 statement.
An accounting by a broker of funds in a real estate sale, made to the seller and to the buyer.
A summary, in the form of a balance sheet, showing the amounts of debits and credits to which each party to a real estate transaction is entitled upon closing.
A document that provides an account of all funds received and expected at closing, including the escrow deposit for taxes, hazard insurance and mortgage insurance for the escrow account. This is required for the completion of every real estate transaction. Also called a HUD-1 or a settlement statement.
A financial disclosure accounting for all funds received and expected at settlement.
The statement listing the financial settlement between buyer and seller, as well as the costs each will pay.
The final statement of costs for closing on a loan or purchasing a home. Also referred to as the HUD-1.
A financial disclosure form that summarizes and outlines all funds received and expected at the closing, including but not limited to the escrow deposits for taxes, hazard insurance, and mortgage insurance.
Provides a line-by-line summary of all financial details relating to a specific real estate transaction.
A form used at closing that provides a detailed account of the funds paid and received at the closing. Sometimes called a Settlement Statement or HUD-1.
A detailed accounting of the final financial arrangement made between buyer and seller, and all cash received, all charges and credits, and all cash paid out in the transaction.
The form listing all relevant numbers in the purchase and/or financing transaction at the time of closing (also called settlement). The form is called the " HUD 1" in the industry.
The final statement of costs necessary to close on a loan listing both buyer and seller fees, if applicable. This is also referred to as the HUD-1.
Also referred to as the HUD1. This is the final statement showing all itemized costs incurred to close on a mortgage loan.
Financial disclosure statement that accounts for all funds received and distributed at close of escrow, including tax prorations, hazard, and mortgage insurance.
The statement that lists the financial settlement between buyer and seller, as well as the costs each must pay. A separate statement for buyer and seller is sometimes prepared.
A financial account given to buyer and seller at completion of a real estate transaction showing their respective credits and debits and the sums received and expended by the escrow holder.
The statement which lists the financial settlement between buyer and seller, and also the costs each must pay. A separate statement for buyer and seller is sometimes prepared.
Statement prepared for the buyer and seller itemizing all of the costs of a real estate transaction.
The accounting of financial adjustments between buyer and seller as of the day of closing a sale, to determine the amount of money which must be paid to fulfill the terms of the sale.
A detailed cash accounting of a real estate transaction showing all cash received, all charges and credits made and all cash paid out in the transaction.
The settlement of escrow. For the buyer, it includes deposits made, the loan received or assumed, and any credits by escrow instructions, less the sales price, loan costs, insurance, prorate items, etc. For the seller, it has an accounting of the sales price minus any charges assessed to the seller and any payoffs made on the seller's behalf.
An accounting of funds from a real estate sale, made to both the seller and the buyer separately.
Documents given to buyer and seller at the time of closing itemizing the terms and associated costs for the sale. Also known as HUD-1 form.
A list giving a complete breakdown of costs involved in a real estate transaction, prepared by the lender's agent at closing. Also referred to as the HUD1.
A document provided by the escrow agent that details the final financial settlement between buyer and seller in a real estate transaction, or between borrower and lender in a refinance transaction. Also known as a settlement sheet.
Also referred to as the HUD-1. The final statement of costs incurred to close on a loan or to purchase a home.
Also referred to as the HUD-1 or the settlement statement, this is the document that provides line by line detail of the financial details related to a specific real estate transaction such as the fees paid by the seller and the buyer for a purchase transaction or the fees paid by the borrower for refinances.
The financial disclosure statement that accounts for all of the funds received and expected at the closing. Also referred to as a HUD I closing statement.
A statement of financial disclosure that outlines all funds to be paid and received at closing including escrow accounts for real estate taxes and mortgage insurance. Most conventional loans use an uniform settlement statement named the HUD-1.
() A statement showing the amount to be received or paid out by the purchaser or vendor.
An accounting of funds made at the completion of every real estate transaction.
See Settlement Statement.
Whenever a real estate sales transaction takes place, a closing statement should be generated and a copy provided to both the buyer and seller. This statement lists the financial settlement between the buyer and the seller. The most common settlement statement is the HUD 1 settlement statement.
A list of the final accounting of all Moines of both buyer and seller prepared by an escrow agent which notes all costs each must pay at the completion of a real estate transaction.
A disclosure listing that itemizes all charges imposed upon parties to a real estate closing, including escrow deposits for taxes, homeowner's insurance, and mortgage insurance. Also referred to as the HUD-1, it is prepared by the closing agent.
A closing statement is typically a document prepared by an attorney, Title Company or other authorized agent, giving a complete itemization of costs incurred in the transaction.
A financial disclosure of funds expected and received at the closing.
A financial statement that discloses all the funds received, disbursed, credited or debited from each party at the time of closing. It includes downpayments, loans funded or paid off, taxes, escrow fees, title and homeowner insurance charges, loan fees, and all other fees that are associated with the real estate transaction.
A document detailing the fees, commissions, insurance, etc. that must be transacted for a successful transfer of ownership to take place. This document is typically prepared by a closing agent and is also known as a "settlement statement" or a "settlement sheet."
This is a form that is prepared for both the buyer and seller that computes the costs payable at closing. It shows the seller's net proceeds and the buyer's net payment. It is also called a HUD-1 settlement statement.
the settlement sheet, which is a statement of debits and credits for the buyer and the seller. In summary, it's the costs involved when selling a property.
A financial statement rendered to the buyer and seller at the time of transfer of ownership, giving an account of all funds received or expended.
Also known as a HUD-1 statement. Provides a listing of all funds payable at closing.
a form used at closing that gives an account of the funds received and paid at the closing, including the escrow deposits for taxes, hazard insurance, and mortgage insurance.
When real estate is bought and sold, there are usually a number of expenses involved. The closing statement is an accounting of all monies involved in the transaction and to whom and by whom it was paid.
An accounting of the debits and credits incurred at closing. All FHA, VA and Conventional financing loans use a Uniform Closing or Settlement Statement commonly referred to as the HUD-1.
The computation of financial adjustments between buyer and seller as of the day of closing a sale to determine the net amount of money which buyer must pay to seller to complete purchase of the real estate and seller's net proceeds. Also, "settlement sheets," "HUD-1."
A document signed by the buyer and seller at the loan closing. It is a detailed list of the original purchase price, fees paid or owed, the buyer's loan amount, and the amount of funds the seller will receive in the transaction. The closing statement is sometimes called the Settlement Statement.
The computation of financial adjustments as of the day of closing to determine the net amount of money due to the seller and from the buyer complete the purchase of the real estate.
An accounting of funds for the buyer and seller.
Also known as a "Settlement Statement". An accounting of the funds made between the buyer and seller at the completion of a transaction.
also referred to as the HUD-1. This document itemizes the costs and disbursements on the loan.
A statement prepared by attorney, broker, escrow company, or lender, giving a complete itemization of costs incurred in a real estate transaction. A separate statement is prepared for the buyer and seller.
A HUD-1 balance sheet showing all buyer and seller costs involved in closing
The computation of financial adjustments required to close a real estate trans- action, computed as of the day of closing the sale; used to determine the net amount of money the buyer must pay to the seller to complete the transaction, as well as amounts to be paid to other parties, such as the broker or escrow holder. (See also settlement. )
(Sometimes referred to as Settlement Statement.) A statement usually prepared by an attorney or title company setting out all the financial details concerning the costs of conveying property. The closing statement is normally given at Closing.
A financial disclosure giving an account of all funds received and expected at the closing, including escrow deposits for taxes, hazard insurance and mortgage insurance.
A document which details the final financial settlement between a buyer and seller and the costs paid by each party.
A detailed written summary of the financial settlement of a real estate transaction showing all charges and credits made, and all cash received and paid out.
is a statement of the funds received and spent at the closing of a real estate sale. It is furnished by the real estate closing agent to the Buyer and Seller separately. The standard federal form HUD 1 is used in most residential transactions.
The financial disclosure statement that accounts for all of the funds received and expected at the closing, including deposits for taxes, hazard insurance, and mortgage insurance.
A document, usually prepared by the broker or the bank, that delineates all charges that the buyer and seller will incur in this real estate transaction. This document is NOT a legal instrument that needs to be recorded, but is prepared merely for the convenience of the principals.
The written statement provided by the escrow company to each of the parties to the loan transaction showing the amounts received and the amounts paid out for various items.
A form utilized at closing to itemize the costs associated with purchasing a home. This statement is used universally by mandate of HUD, the Department of Housing and Urban Development.
a disclosure of all the costs associated with closing.
A financial disclosure accounting for all funds changing hands at the closing. See also HUD-1 statem ent.
A statement showing the various closing costs and recording of which party paid these costs. Also called settlement statement.
An accounting of disbursment of funds related to a Real Estate transaction.
Also known as HUD-1 statement. A document which sets out the financial agreement between the parties, the costs each must pay, and all other similar information regarding a transaction (may be joint or separate for each party).
A written accounting of funds to seller and buyer at passing of papers.
Financial disclosures giving an account of all funds received and expected at closing, including escrow deposits for taxes, hazard insurance and mortgage insurance. All FHA, VA and most Conventional financing loans use a uniform settlement statement called the "HUD-1". Some equity loan products use a settlement statement called the "HUD-1A".
A statement from an escrow agent given to the parties to an escrow when it closed, which accounts for all funds received into and paid out of escrow.
The final statement of costs incurred to close a loan or to purchase a home. Also referred to as the â€HUD-1.
A document that provides an item-by-item breakdown of all costs as well as the source of funds associated with every real estate transaction. Also called a HUD-1, the name of the standard form created by the Department of Housing and Urban Development, it is required for the completion of every real estate transaction.
A statement in which discloses costs incurred (and expected) at the closing.
A statement required by Federal law (the Real Estate Settlement Procedures Act) that itemizes all changes imposed on the borrower and seller (if any) in connection with a mortgage secured loan transaction. Also known as a settlement statement, HUD-1 or HUD-1A
A standard form that discloses costs at completion of the sale of real estate, including discount and origination points, settlement fees, title insurance, brokersâ€(tm) fees and commissions and money set aside in escrow. Typically called a HUD-1 statement.
(known in Britain as Settlement Statement) Can be known as the 'HUD-1'. The final statement of costs to be paid to close a loan or to purchase a property.
Document detailing the final financial settlement and costs paid by both buyer and seller of a property.
An accounting of funds given to both buyer and seller before real estate is sold.
A document that details an account of the funds between a buyer and seller received and paid at the closing. back
Statement prepared for the buyer and the seller listing debits and credits, completed by the person in charge of the closing.