Real Estate Escrow Statement
Date: January 15, 2080
Escrow Number: 2080-1377
Buyer: Dr. Lucius Vendetti
Seller: Elara Cormier
Property Address: 3746 Echo Ridge Avenue, Solaris, CA 92082
I. Escrow Transaction Details:
Sales Price of Property:
$985,000
Earnest Money Deposit:
$50,000
(Received on December 5, 2079)
Additional Deposits (if any):
Property Appraisal Fee $3,500
Home Inspection Fee $2,200
II. Credits to Buyer:
Loan Amount (if applicable):
$800,000
Lender: Astra Lending Group
Loan Type: 30-year Fixed Rate Mortgage
Seller Credits (if applicable):
$12,500
Purpose: Closing cost contribution
Prorated Property Taxes (Credit to Buyer):
$2,350
Prepaid Insurance (if applicable):
$1,250
Purpose: Homeowner's Insurance for 1 year
III. Debits to Buyer:
Purchase Price (Balance Due at Closing):
$900,000
Title Fees (Title Insurance, Escrow Fees, etc.):
Home Inspection Fees (if applicable):
$2,200
Prorated Property Taxes (Debit to Buyer):
$2,350
Prepaid Insurance (Debit to Buyer):
$1,250
IV. Credits to Seller:
Sale Price (Received from Buyer):
$985,000
Seller's Mortgage Payoff (if applicable):
$450,000
Lender: Nebula Financial Institution
Account Number: 2450-908202
V. Debits to Seller:
Real Estate Commission:
Listing Agent: $29,550
Selling Agent: $29,550
Title Fees (if applicable):
$1,800
Property Taxes (Prorated to Seller):
$4,500
VI. Closing Costs:
Total Buyer Credits: $870,350
Total Buyer Debits: $907,300
Total Seller Credits: $985,000
Total Seller Debits: $65,400
VII. Final Amounts:
Amount Due from Buyer at Closing:
$36,950
Amount Due to Seller at Closing:
$919,600
VIII. Escrow Officer:
IX. Acknowledgement:
By signing below, both Buyer and Seller acknowledge receipt of the Escrow Statement and agree to the terms outlined above.
Buyer Signature:
Dr. Lucius Vendetti
Date: January 15, 2080
Seller Signature:
Elara Cormier
Date: January 15, 2080
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