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How to use or fill out closing statement form with our platform
- Click ‘Get Form’ to open the closing statement form in the editor.
- Begin by entering the Seller and Buyer information at the top of the form. Fill in their names and property address, including city, state (Wisconsin), and zip code.
- In the Seller(s) Column, input the Sales Price, Down-payment, Balance, and Expenses for each seller. Repeat this for the Buyer(s) Column.
- Complete the detailed expense sections by filling in Title Search, Recording Fees, Title Insurance, Attorney Fees, Notary Fee, Survey, and Commission for both sellers and buyers.
- Calculate Total Expenses for both columns and enter them in section 20a and 20b. Then determine Balance Less Expenses (21a) and Balance plus Expenses (21b).
- Proceed to Other Adjustments sections (22a & 22b) where you will input County Tax Pro-ration, City Tax Pro-ration, Special Assessment Pro-ration as applicable.
- Finally, certify that all information is true by signing at the bottom of the form along with dates.
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