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Closing statement real estate 2026
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- Click ‘Get Form’ to open the closing statement in the editor.
- Begin by entering the Seller and Buyer information at the top of the form. Ensure that all names are spelled correctly for legal accuracy.
- Fill in the Property Address, including City, State (Michigan), and Zip Code. This information is crucial for identifying the property involved in the transaction.
- In the Seller(s) Column, input the Sales Price, Down-payment, Balance, and Expenses. Repeat this for the Buyer(s) Column to ensure both parties' financial details are accurately represented.
- Complete sections detailing Title Search, Recording Fees, Title Insurance, Attorney Fees, Notary Fee, Survey, and Commission. These fields outline costs associated with closing.
- Calculate Total Expenses for both Seller and Buyer by summing up all relevant costs listed above.
- Proceed to Other Adjustments and Tax Pro-ration sections. Fill these out based on local regulations and agreements between parties.
- Finally, certify that all information is true by signing at the bottom of the form. Include Social Security Numbers as required.
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