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- Click ‘Get Form’ to open the Closing Disclosure in the editor.
- Begin by entering the transaction information, including the borrower and seller details, as well as the date issued and closing date.
- In the Seller’s Transaction section, fill in the sale price of the property and any personal property included in the sale. Adjustments for items paid by the seller in advance should also be noted.
- Next, complete the 'Due from Seller at Closing' section by detailing any excess deposits, closing costs, and existing loans that are being assumed.
- Proceed to calculate totals due to and from the seller at closing. Ensure all figures are accurate for a smooth transaction.
- Fill out contact information for real estate brokers and settlement agents to ensure clear communication throughout the process.
- Review all entries for accuracy before saving or sharing your completed form.
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