Easily Insert Text Fields in the Settlement Statement

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How to Insert Text Fields in the Settlement Statement

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[Music] hey guys so we are going to learn now about how to use form elements in Microsoft Word the first thing that you need to do is make sure that you have your Developer tab enabled if you do not see this Developer tab let me show you how to enable it okay so anywhere in your ribbon where theres a bit of space you can right click and say customize of the ribbon customize the ribbon and if you look on the right-hand side youll see all the various tabs that we have available developer will be one of those tabs you will probably see it like that where it will not have a tick next to it just put a tick next to it to developer and click OK alright so right click the ribbon and customize the ribbon okay if you forget about right-clicking the ribbon just go file and options and customize ribbon there it is there file options customize a ribbon or just right click ok so lets have a look at what we going to do here were going to use for this first part of the video we can use whats call

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What is a settlement statement NZ?

Settlement statement Your lawyer will check that the rates and any other utilities have been paid by the seller and are up to date. They will then send a settlement statement to your lender, showing the amount required to settle the transaction.

What is a settlement statement in real estate?

The HUD-1 Settlement Statement is a document that lists all charges and credits to the buyer and to the seller in a real estate settlement, or all the charges in a mortgage refinance.

What is a closing statement for a house?

The closing statement, also called a closing disclosure or settlement statement, is essentially a comprehensive list of every expense that either the buyer and seller must pay to complete the purchase of a home (or whatever the property is).

How do I get my HUD-1 settlement statement?

Where Can I Find My HUD-1 Settlement Statement? If your loan hasnt closed yet, you can get your HUD-1 from your lender. If youve already closed, you should be able to find your HUD-1 settlement statement with your closing documents.

What is line 1400 for settlement charges to borrower?

inspection of heating, plumbing, or electrical equipment. These inspection charges may include a fee for insurance or warranty coverage. Line 1400 is for the total. settlement charges paid from Borrowers funds and Sellers funds. These totals are also entered on Lines 103.

How do you write a settlement statement?

A settlement agreement should be in writing.Those requirements include: An offer. This is what one party proposes to do, pay, etc. Acceptance. Valid consideration. Mutual assent. A legal purpose. A settlement agreement must also not be unconscionable. This means that it cannot be illegal, fraudulent, or criminal.

Which of the following would not typically be prorated at closing?

A security deposit would not be prorated at closing, as it must continue to be held in trust. It was simply pass from seller to buyer.

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