The Final Closing Statement

The Final Closing Statement


The Final Closing Statement

The Final Closing (Settlement) Statement is prepared by the escrow agent after payment of all obligations due under the escrow instructions, recording of all necessary documentation, and final disbursement of funds and documents. The final closing statement will reflect the transaction as it actually occurred.

After recording, the following documentation will be delivered to the buyer:

  • ALTA Owner's Standard Title Insurance Policy

  • Any original bills of sale for personal property

  • The original warrant deed transferring title (this will be mailed from the county recorder's office after it has recorded)

  • Promissory Note (copy)

  • Deed of Trust (copy)

  • Copies of any other required closing documents

After recording, the escrow company will deliver the following documentation to the buyer's lender:

  • ALTA Extended Lender's Policy, with any additional required endorsements

  • The Closing Disclosure

  • Promissory Note

  • The original Deed of Trust

  • Hazard insurance binder

After recording, the following documentation will be delivered to the seller:

  • The Closing Disclosure

  • A check for the proceeds from the sale, if any


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