Page 77 - New Agent Real Estate training book

L. Se lement Charges
700. Total Real Estate Broker Fees Paid From Paid From Seller’s
Division of commission (line 700) as follows : Borrower's Funds Funds at
Se lement
at Se lement
701. $3,900.00
702. $3,900.00
703. Commission paid at se lement $7,800.00
704. Earnest deposit retained: $1,300.00
800. Items Payable in Connec on with Loan
801. Our origina on charge
802. Your credit or charge (points) for the specific interest rate chosen
803. Appraisal fee
804. Credit report
805. Tax service
806. Flood cer fica on
807.
808.
809.
810.
900. Items Required by Lender to be Paid in Advance
901. Daily interest charges from 05/06/2020 to 06/01/2020
902. Mortgage insurance premium
903. Homeowner's insurance
904.
1000. Reserves Deposited with Lender
1001. Ini al deposit for your escrow account
1002. Homeowner's insurance
1003. Mortgage insurance
1004. Property taxes
1005.
1006.
1007. Aggregate Adjustment $0.00
1100. Title Charges
1101. Se lement or closing fee to The Bellamy Law Firm $475.00 $475.00
1102. Owner's tle insurance to Chicago Title Insurance Company $471.60
1103. Lender's tle insurance to Chicago Title Insurance Company
1104. Lender's tle policy limit $
1105. Owner's tle policy limit $130,000.00
1106. Title Binder to Coastal Title Services, Inc. $150.00 $150.00
1107. Title Search to The Bellamy Law Firm $175.00 $175.00
1108. Update & Record Fee to Davis Title Service, Inc. $35.00 $35.00
1200. Government Recording and Transfer Charges
1201. Recording fees: Deed $15.00 Mortgage $ Release $ to Horry County Register of Deeds $15.00
1202. City/County tax/stamps Deed $143.00 Mortgage $ to Horry County Register of Deeds $143.00
1203. State tax/stamps Deed $338.00 Mortgage $ to Horry County Register of Deeds $338.00
1204.
1300. Addi onal Se lement Charges
1301. CL‐100 $100.00
1302. Limited Home Warranty $630.00
1303. Cer ficate of Assessment $200.00
1304. Transfer Fee $50.00
1305. 1% Marke ng Fee to Barefoot $1,300.00
1306. May HOA Dues $330.00
1307. June and July HOA Dues $660.00
1308.
1309.
1400. Total Se lement Charges (enter on lines 103, Sec on J and 502, Sec on K) $3,516.60 $9,356.00

See signature addendum

Previous edi ons are obsolete Page 2 of 2 HUD‐1