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Closing Statement - Hawaii

Closing Statement - Hawaii 2025

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The document is a Closing Settlement Statement for a real estate transaction in Hawaii, detailing the financial aspects between the seller and buyer. It includes sections for sales price, down-payment, expenses, adjustments, and balances due to/from each party. The statement requires certification from both sellers and buyers regarding the accuracy of the information provided.

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Click ‘Get Form’ to open the Closing Statement - Hawaii in the editor.
Begin by entering the Seller and Buyer information, including names and property address. Ensure accuracy for a smooth transaction.
Fill in the Sales Price fields for both Seller(s) and Buyer(s). This is crucial as it sets the foundation for all subsequent calculations.
Complete the Down-payment sections, detailing how much each party will contribute upfront.
Proceed to list all Expenses associated with the transaction. Include Title Search, Recording Fees, Title Insurance, Attorney Fees, Notary Fee, Survey, and Commission. Make sure to differentiate between Seller and Buyer expenses.
Calculate Total Expenses for both parties and enter them in their respective fields.
Finalize by filling out any Other Adjustments such as County Tax Pro-ration and Special Assessment Pro-ration. Ensure that all adjustments are accurately reflected.
Review all entries for accuracy before certifying the document with signatures from both Sellers and Buyers.

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What is a typical closing statement?

The closing statement should include basic information about the property, such as the address, when it was built, and the type of structure (i.e., single-family home, multifamily home, manufactured home, etc.). Financial information. Shows the homes purchase price, deposits paid by the buyer, and seller credits.

How do you write a good closing statement?

A good closing statement is analogous to the punchline of a joke. It should (1) be memorable and (2) re-present the statement in an unexpected way. It doesnt need to be dramatic, necessarily -- just a new view to leave with your audience.

How long does the closing process take in Hawaii?

Hawaii operates under a Good Funds law, which means that escrow must receive and clear all funds before closing can occur. Unlike in many mainland states where closing and final signing happen the same day, Hawaii requires that closing occurs two full business days after escrow receives the buyers final funds.

What is a good example of a closing statement?

CONCLUSION: At the conclusion of the case we would ask you to find that my client is innocent. The state has not met its burden of proof, and we would ask for a verdict of not guilty. Thank you.

Where can I get a copy of my closing statement?

If you dont, or if you simply want extra copies, just ask your real estate agent. Agents and brokers are obliged to maintain a record of every transaction and should be able to give you copies of the related documents. In addition, the closing documents are usually held by the closing agent or escrow officer.

How much is closing cost on a $300,000 house?

Average closing costs usually fall between 2% and 5% of your homes purchase price. That means if youre buying a $300,000 home, you could pay anywhere from $6,000 to $15,000 in fees.

What should a closing statement consist of?

While you wont get an exact dollar amount by calculating your closing costs, it will give you a general idea of what to plan for. Typically, you can expect between 2% and 5% of the loan amount. So, on a $250,000 home purchase, you could pay between $5,000 and $12,500 in closing costs.

Closing Statement - Hawaii 2025

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What is a typical closing statement?

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How much is closing cost on a $300,000 house?

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Closing Statement - Hawaii 2025

Here's how it works

How to use or fill out Closing Statement - Hawaii with our platform

Complete this form in 5 minutes or less

Got questions?

What is a typical closing statement?

How do you write a good closing statement?

How long does the closing process take in Hawaii?

What is a good example of a closing statement?

Where can I get a copy of my closing statement?

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People also ask

How much is closing cost on a $300,000 house?

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