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DAO Settlement Statement - 656 East 126th St, Cleveland, OH 44108 - 656 E 126th St, Cleveland, OH 44108.pdf

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A. B. TYPE OF LOAN U.S DEPARTMENT OF HOUSING & URBAN DEVELOPMENT FINAL SETTLEMENT STATEMENT C. Note: 1. ¨ FHA 2. ¨ FMHa 3. ý Conv. Unins 6. FILE NUMBER: GE25-1338 4. ¨ VA 5. ¨ Conv. Ins 7. LOAN NUMBER: 8. MORTGAGE INS CASE 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 "[POC]" were paid outside the closing; they are shown here for informational purposes and are not included in the totals. 1.0

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A.

B. TYPE OF LOAN
U.S DEPARTMENT OF HOUSING & URBAN DEVELOPMENT

FINAL
SETTLEMENT STATEMENT
C. Note:

1. ¨ FHA

2. ¨ FMHa

3. ý Conv. Unins

6. FILE NUMBER:
GE25-1338

4. ¨ VA

5. ¨ Conv. Ins

7. LOAN NUMBER:

8. MORTGAGE INS CASE 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 "[POC]" were paid outside the closing; they are shown here for informational purposes and are not included in the totals.
1.0

D. NAME AND ADDRESS OF BORROWER:
Cleveland Signature Properties LLC
191 Adams Avenue, Apt 2
Staten Island, NY 10306
G. PROPERTY LOCATION:
656 E. 126th Street
Cleveland, OH 44108
Cuyahoga County, Ohio
Lot(s): 76, IN g. m. Hicks Subdivision, Parcel
ID(s): 110-06-057

3/98

K. 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
Adjustments for items paid by seller in advance
406. City/Town taxes
106. City/Town taxes
107. County taxes
407. County taxes
108. Assessments
408. Assessments
109.
409.
110.
410.
111.
411.
112.
412.
420. GROSS AMOUNT DUE TO SELLER
120. GROSS AMOUNT DUE FROM BORROWER
200. AMOUNTS PAID BY OR IN BEHALF OF BORROWER:
500. REDUCTIONS IN AMOUNT DUE TO SELLER:
201. Deposit or earnest money
501. Excess deposit (see instructions)
202. Principal amount of new loan(s)
502. Settlement charges to seller (line 1400)
503. Existing loan(s) taken subject to
203. Existing loan(s) taken subject to
204.
504. Payoff of first mortgage loan
205.
505. Payoff of second mortgage loan
206.
506. Water/Sewer
207.
507. Dep. disbursed as proceeds
208.
508. Water/Sewer Hold
209.
509. Taxes
Adjustments for items unpaid by seller
Adjustments for items unpaid by seller
510. City/Town taxes
210. City/Town taxes
211. County taxes 01/01/25 to 11/06/25
511. County taxes 01/01/25 to 11/06/25
512. Assessments
212. Assessments
213.
513. Assessments
214.
514.
215.
515.
216.
516.
217.
517.
218.
518.
219.
519.
220. TOTAL PAID BY/FOR BORROWER
520. TOTAL REDUCTION AMOUNT DUE SELLER
300. CASH AT SETTLEMENT FROM/TO BORROWER:
600. CASH AT SETTLEMENT TO/FROM SELLER:
301. Gross amount due from Borrower (Line 120)
601. Gross amount due to Seller (Line 420)
302. Less amount paid by/for Borrower (Line 220)
(
) 602. Less reductions due Seller (Line 520)
(
303. CASH FROM BORROWER
603. CASH TO SELLER
The undersigned hereby acknowledge receipt of a completed copy of pages 1&2 of this statement & any attachments referred to herein.
Seller
Lofty Holding 656 East 126th Street DAO LLC
100.
101.
102.
103.
104.
105.

(GE25-1338/35)

E. NAME AND ADDRESS OF SELLER:
F. NAME AND ADDRESS OF LENDER:
Lofty Holding 656 East 126th Street DAO LLC
656 E. 126th Street
Cleveland, OH 44108
H. SETTLEMENT AGENT: Tax ID:
Phone: (216)785-2323
I. SETTLEMENT DATE:
Golden Eagle Title & Escrow, Inc.
November 06, 2025
5152 Darrow Road, Hudson, OH 44236
DISBURSEMENT DATE:
PLACE OF SETTLEMENT:
November 06, 2025
5152 Darrow Road
Hudson, OH 44236

J. SUMMARY OF BORROWER'S TRANSACTION
GROSS AMOUNT DUE FROM BORROWER:
Contract sales price
Personal property
Settlement charges to borrower (line 1400)

52,500.00

52,500.00

4,661.00

367.68
200.00
1,910.65

1,139.19
352.80

8,631.32
52,500.00
8,631.32)
43,868.68

BY:________________________________
Earl Co

Printed on: 11/24/25 at 01:35 PM GE25-1338/35

HUD-1, Page 1

L. SETTLEMENT CHARGES
700. TOTAL COMMISSIONS Based on Price
$
@
%
3,150.00
Division of Commission (line 700) as Follows:
701. $ 1,575.00
to Keller Williams Living
702. $ 1,575.00
to Keller Williams Living
703. Commission paid at settlement
to Keller Williams Living
704. Additional Commission
800. ITEMS PAYABLE IN CONNECTION WITH LOAN
to
801. Loan origination fee
802. Loan discount
to
803. Appraisal fee
to
804. Credit report
to
to
805. Lender's inspection fee
806. Mortgage insurance application fee
to
to
807. Assumption fee
808.
to
809.
to
810.
to
811.
to
900. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE
/day (25 days
%)
901. Interest From 11/6/2025 to 12/1/2025 @ $
902. Mortgage insurance premium
for
month to
903. Hazard insurance premium
for
year
to
904.
for
year
to
905.
to
1000. RESERVES DEPOSITED WITH LENDER
Months @ $
per Month
1001. Hazard insurance
1002. Mortgage insurance
Months @ $
per Month
Months @ $
per Month
1003. City property taxes
1004. County taxes
Months @ $
per Month
1005. Annual assessments
Months @ $
per Month
1006.
Months @ $
per Month
1007.
Months @ $
per Month
1008.
Months @ $
per Month
1100. TITLE CHARGES
to Golden Eagle Title & Escrow, Inc.
1101. Settlement Fee
to Certified Signer Nationwide LLC
1102. Closing Coordination Fee
1103. Wire Fee
to Golden Eagle Title & Escrow, Inc.
to Golden Eagle Title & Escrow, Inc.
1104. Courier Fee
1105. Exam Fee
to Golden Eagle Title & Escrow, Inc.
1106. Binder Fee
to Golden Eagle Title & Escrow, Inc.
1107. Attorney Fee
to Ryan M. Kay Esq
(includes above item numbers:
)
1108. Title insurance
to Golden Eagle Title & Escrow, Inc.
(includes above item numbers:
)
1109.
1110.
$ 52,500.00
304.75
to
1111. CPL
1112. Filing Fee
to Golden Eagle Title & Escrow, Inc.
1113.
to
1200. GOVERNMENT RECORDING AND TRANSFER CHARGES
Deed
$34.00; Mortgage
; Releases
1201. Recording fees;
Deed
$210.00; Mortgage
1202. City/County tax/stamps;
1203. State tax/stamps;
Deed
; Mortgage
1204. Transfer Fee
to
1205.
to
1300. ADDITIONAL SETTLEMENT CHARGES
1301. Survey
to
1302. Pest inspection
to
1303. City of Cleveland Disclosure
to Golden Eagle Title & Escrow, Inc.
1304.
to
1305.
to
1400. TOTAL SETTLEMENT CHARGES (Enter on Lines 103, Section J and 502, Section K)

PAID FROM
BORROWER'S
FUNDS AT
SETTLEMENT

PAID FROM
SELLER'S
FUNDS AT
SETTLEMENT

3,150.00

350.00
175.00
35.00
300.00
50.00
175.00
152.38

210.00
0.50

63.12

4,661.00

By signing page 1 of this statement, the signatories acknowledge receipt of a completed copy of page 2 of this two page statement.

Golden Eagle Title & Escrow, Inc.
BY:________________________________________
Settlement Agent

Printed on: 11/24/25 at 01:35 PM GE25-1338/35

HUD-1, Page 2