Settlement Statement for Real Estate
1. Property Information
Property Address: 123 Future Lane
City/State/ZIP: Neo City, CA 90210
Property Type: Single-Family Home
Closing Date: January 20, 2080
2. Parties Involved
Seller(s): Orion Vesper and Lyra Novis
Buyer(s): Cassian Sol
Escrow Agent: Aurora Settlements, LLC
Settlement Agent: [Your Name]
3. Financial Summary
1. Sale Price
2. Buyer’s Expenses
Loan Origination Fee: $4,250
Appraisal Fee: $600
Title Insurance: $2,000
Home Inspection Fee: $500
Recording Fees: $150
Solar Panel Transfer Fee: $1,200
Other Costs (Smart Home Setup): $2,500
Total Buyer’s Expenses: $11,200
3. Seller’s Expenses
Agent Commission (6%): $51,000
Transfer Taxes (0.5%): $4,250
Title Insurance: $2,000
Escrow Fees: $1,500
Repairs or Concessions (Window Replacement): $3,000
Other Costs (HOA Transfer Fee): $1,000
Total Seller’s Expenses: $62,750
4. Prorations and Adjustments
Property Taxes (Pro-rated for January): $1,200 (Seller Credit)
HOA Dues (Pro-rated for January): $250 (Seller Credit)
Utilities (Electric and Water): $300 (Seller Credit)
Total Adjustments: $1,750
5. Final Amounts
Buyer’s Total to Bring to Closing: $860,950
Seller’s Net Proceeds: $786,500
Signatures
By signing below, all parties agree to the terms and amounts specified in this statement:
Seller’s Signature:
Date: January 15, 2080
Buyer’s Signature:
Date: January 15, 2080
3. Settlement Agent’s Signature:
[Your Name]
Date: January 15, 2080
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