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Closing Statement - 566 Nash St, Akron, OH 44306.pdf
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| Property | 566 Nash St, Akron, OH 44306 |
|---|---|
| Folder | Deed & Title |
| Kind | |
| Updated | 2022-08-05 |
| Dropbox path | 10 - Deed & Title/Closing Statement - 566 Nash St, Akron, OH 44306.pdf |
What This File Appears To Be
OMB Approval No. 2502-0265 A. Settlement Statement (HUD-1) B. Type of Loan 1. FHA 2. RHS 4. VA 5. Conv. Ins. C. Note: 3. Conv. Unins. 6. File Number: GE22-0506 7. Loan Number: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked "(p.o.c.)" were paid outside the closing; they are shown here for informational purposes and are not included in the totals. D. Name and Address of Borrower: Lofty Holding 566 Nash
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OMB Approval No. 2502-0265 A. Settlement Statement (HUD-1) B. Type of Loan 1. FHA 2. RHS 4. VA 5. Conv. Ins. C. Note: 3. Conv. Unins. 6. File Number: GE22-0506 7. Loan Number: This form is furnished to give you a statement of actual settlement costs. Amounts paid to and by the settlement agent are shown. Items marked "(p.o.c.)" were paid outside the closing; they are shown here for informational purposes and are not included in the totals. D. Name and Address of Borrower: Lofty Holding 566 Nash Street LLC 66 W Flagler Street #900 Miami, FL 33130 E. Name and Address of Seller: Novelty Homes LLC G. Property Location: 566 Nash St. Akron, OH 44306 Summit County, Ohio H. Settlement Agent: Golden Eagle Title & Escrow 220 North Main Street, Second Floor, Suite A Hudson, Oh 44236 Place of Settlement: 220 North Main Street, Second Floor, Suite A Hudson, Oh 44236 J. Summary of Borrower's transaction K. 100. Gross Amount Due from Borrower: 101. Contract sales price 102. Personal property 103. Settlement Charges to Borrower (Line 1400) 104. 105. Adjustments for items paid by Seller in advance 106. City/Town Taxes to 107. County Taxes to 108. Assessments to 109. 110. 111. 112. 90,000.00 657.25 90,657.25 120. Gross Amount Due from Borrower 200. Amounts Paid by or in Behalf of Borrower 201. Deposit or earnest money 202. Principal amount of new loan(s) 203. Existing loan(s) taken subject to 204. 205. 206. 207. 208. Rent Credit 209. Adjustments for items unpaid by Seller 210. City/Town Taxes to 211. County Taxes to 212. Assessments to 213. 214. 215. 216. 217. 218. 219. 220. Total Paid by/for Borrower 300. Cash at Settlement from/to Borrower 301. Gross amount due from Borrower (line 120) 302. Less amount paid by/for Borrower (line 220) 303. Cash 8. Mortgage Insurance Case Number: X From To Borrower 650.00 650.00 ( F. Name and Address of Lender: Cash Transaction I. Settlement Date: August 5, 2022 Ph. (216)785-2323 Summary of Seller's transaction 400. Gross Amount Due to Seller: 401. Contract sales price 402. Personal property 403. 404. 405. Adjustments for items paid by Seller in advance 406. City/Town Taxes to 407. County Taxes to 408. Assessments to 409. 410. 411. 412. 90,000.00 90,000.00 420. Gross Amount Due to Seller 500. Reductions in Amount Due Seller: 501. Excess deposit (see instructions) 502. Settlement charges to Seller (Line 1400) 503. Existing loan(s) taken subject to 504. Payoff First Mortgage to JAG Enterprises LLC 505. Payoff Second Mortgage 506. 507. Escrow Hold to Golden Eagle Title 508. Rent Credit 509. Adjustments for items unpaid by Seller 510. City/Town Taxes to 511. County Taxes to 512. Assessments to 513. 514. 515. 516. 517. 2021 Tax Balance to Summit County Treasurer 518. 519. 90,657.25 650.00 ) 520. Total Reduction Amount Due Seller 600. Cash at settlement to/from Seller 601. Gross amount due to Seller (line 420) 602. Less reductions due Seller (line 520) 90,007.25 603. Cash X To From Seller 4,618.75 75,000.00 5,000.00 650.00 987.16 86,255.91 ( 90,000.00 86,255.91) 3,744.09 * Paid outside of closing by borrower(B), seller(S), lender(L), or third-party(T) The Public Reporting Burden for this collection of information is estimated at 35 minutes per response for collecting, reviewing, and reporting the data. This agency may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number. No confidentialityis assured; this disclosure is mandatory. This is designed to provide the parties to a RESPA covered transaction with informationduring the settlement process. Page 1 of 3 HUD-1 (GE22-0506.PFD/GE22-0506/3) L. Settlement Charges 700. Total Real Estate Broker Fees Division of commission (line 700) as follows: to Lofty ai, Inc 701. $ 2,700.00 702. $ $ 2,700.00 to 703. Commission paid at settlement 704. 705. 800. Items Payable in Connection with Loan 801. Our origination charge 802. Your credit or charge (points) for the specific interest rate chosen 803. Your adjusted origination charges to 804. Appraisal fee to 805. Credit Report to $ $ 1003. Mortgage insurance 1004. Property taxes 1005. 1006. 1007. 1008. 1009. 1100. Title Charges Settlement Settlement (from GFE #1) (from GFE #2) (from GFE #A) (from GFE #3) (from GFE #3) 0.00 (from GFE #3) (from GFE #3) (from GFE #3) (from GFE #3) (from GFE #3) (from GFE #3) to months to years to 1000. Reserves Deposited with Lender 1001. Initial deposit for your escrow account 1002. Homeowner's insurance Paid From Seller's Funds at 2,700.00 806. Tax service to 807. Flood certification to 808. 809. 810. 811. 900. Items Required by Lender to Be Paid in Advance 901. Daily interest charges from 902. MIP Tot Ins. for Life of Loan 903. Homeowner's insurance for 904. 905. Paid From Borrower's Funds at @ $/day months @ $ per months @ $ per month month months @ $ months @ $ per per month month (from GFE #10) (from GFE #3) (from GFE #11) (from GFE #11) (from GFE #11) (from GFE #9) $ $ $ $ $ $ $ $ 1101. Title services and lender's title insurance (from GFE #4) 359.50 474.50 1102. Settlement or closing fee 1103. Owner's title insurance to Fidelity National Title Insurance Company 1104. Lender's title insurance to Fidelity National Title Insurance Company 1105. Lender's title policy limit $ 1106. Owner's title policy limit $ 90,000.00 1107. Agent's portion of the total title insurance premium to Golden Eagle Title & Escrow $ (from GFE #5) $ 258.75 258.75 1108. Underwriter's portion of the total title insurance premium 1109. 1110. 1111. 1112. to Fidelity National Title Insurance Company $ $ $ $ 1113. 1200. Government Recording and Transfer Charges 1201. Government recording charges to Recorder's Office 1202. Deed $ 39.00 Mortgage $ Releases $ 1203. Transfer taxes 1204. City/County tax/stamps $ $ 1205. State tax/stamps $ $ 1206. 1207. 1300. Additional Settlement Charges 1301. Required services that you can shop for 1302. Home Warranty to Home Warranty 1303. 1304. 1305. 1400. Total Settlement Charges (enter on lines 103, Section J and 502, Section K) $ 439.87 $ 77.63 $ (from GFE #7) Other $ (from GFE #8) 39.00 Conveyance Fee 360.50 (from GFE #6) $ $ $ $ 825.00 657.25 4,618.75 * Paid outside of closing by borrower(B), seller(S), lender(L), or third-party(T) Page 2 of 3 HUD-1 (GE22-0506.PFD/GE22-0506/3)