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By law, a real estate transaction must include a detailed closing statement, or settlement statement. Closings are an arena for finalizing real estate transactions. Here are sample real estate closing statements for a buyer under various scenarios. These are actual real estate closing statements for transactions over the last Description: Closing Statement, Illinois real estate, original form, Seller Credits Less Buyer Credits or Total Cash Due Seller at Closing: APPROVED BY: 19 Feb 2011 You can also try contacting the real estate agent that represented you. I still keep a copy of all the closing statements for my transactions. US Legal Forms offers professionally drafted real estate closing forms, such as a closing statement example, HUD 1 settlement statement, closing checklist, and Closing Settlement Statement Seller: Buyer: Seller: Buyer: Property Address: City: –For State Specific Real Estate Forms you can download in Word format, Subtopics: Preclosing Procedures; walk-through; survey; closing statement; payoff Real estate closing is the transfer of the real estate title from seller to buyer The duration of the steps necessary to close a real estate transaction is known A document commonly used in real estate transactions, detailing the fees, commissions, insurance, etc. that must be transacted for a successful transfer of ownership to take place. This document is prepared by a closing agent and is also known as a "settlement sheet". Your Closing Statement. YOUR CLOSING STATEMENT IS "IMPORTANT": When your escrow has closed you will receive a closing statement which is a summary of the costs and financial settlement of your real estate transaction. TOTAL CONSIDERATION: Total amount being paid for the property (sales price).
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