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Closing Statement - 665 Chapman St, Edwardsville, IL 62025.pdf

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DocuSign Envelope ID: 540F4C48-18F4-4400-958E-0BF64A09F8AD OMB Approval No. 2502-0265 A. Settlement Statement B. Type of Loan 1. FHA 2. RHS 3. 4. VA Conv. Ins. C. Note: 5. Conv. Unins. 6. File Number: 7. Loan Number: 8. Mortgage Insurance 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 “(p.o.c.)” were paid outside the closing; they are shown here for informational purposes and are not incl

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DocuSign Envelope ID: 540F4C48-18F4-4400-958E-0BF64A09F8AD
OMB Approval No. 2502-0265

A. Settlement Statement
B. Type of Loan
1.

FHA 2.

RHS 3.

4.

VA

Conv. Ins.

C. Note:

5.

Conv. Unins.

6. File Number:

7. Loan Number:

8. Mortgage Insurance 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 “(p.o.c.)” were paid outside
the closing; they are shown here for informational purposes and are not included in the totals.

D. Name & Address of Borrower:

E. Name & Address of Seller:

F. Name & Address of Lender:

Lofty Holding 665 Chapman Street LLC

6ELW INC

CASH TRANSACTION

11718 Folkstone Ln.

6 Estates Ln. West

Los Angeles, CA 90077

Glen Carbon, IL 62034

G. Property Location:

H. Settlement Agent:

I. Settlement Date:

665 Chapman St.

Segel Law Group Inc.

Friday, December 17, 2021

Edwardsville, IL 62025

Place of Settlement:
1827 Walden Office Sq 450
Schaumburg IL 60173

J. Summary of Borrower's Transaction

K. Summary of Seller's Transaction

100. Gross Amount Due from Borrower
101. Contract sales price

400. Gross Amount Due to Seller
$

190,000.00

102. Personal property

401. Contract sales price

$

190,000.00

$

190,000.00

402. Personal property

103. Settlement charges to borrower (line 1400)

$

1,218.75

403.

104.

404.

105.

405.

Adjustment for items paid by seller in advance

Adjustment for items paid by seller in advance

106. City/town taxes

to

406. City/town taxes

to

107. County taxes

to

407. County taxes

to

108.

to

408.

to

109.

409.

110.

410.

111.

411.
412.

112.
120. Gross Amount Due from Borrower

$

191,218.75

200. Amount Paid by or in Behalf of Borrower

420. Gross Amount Due to Seller
500. Reductions In Amount Due to Seller
501. Excess deposit (see instructions)

$

-

202. Principal amount of new loan(s)

502. Settlement charges to seller (line 1400)

$

7,961.75

203. Existing loan(s) taken subject to

503. Existing loan(s) taken subject to
$

164,264.33

$

201. Deposit or earnest money

4,500.00

204.

504. Payoff of first mortgage loan

205.

505. Payoff of second mortgage loan

206.

506.

207.

507.

208.

508.

209.

509.

Adjustments for items unpaid by seller

Adjustments for items unpaid by seller

210. County taxes 1/01/21 to 12/17/2021

$

3,956.76

510. County taxes 1/01/21 to 12/17/2021

$

3,956.76

211. Rent Proration 12/17/2021 - 12/31/2021

$

1,096.84

511. Rent Proration 12/17/2021 - 12/31/2021

$

1,096.84

212. Rent Deposit

$

1,900.00

512. Rent Deposit

$

1,900.00

$

179,179.68

213.

513.

214.

514.

215.

515.

216.

516.

217.

517.

218.

518.

219.

519.

220. Total Paid by/for Borrower

$

11,453.60

300. Cash at Settlement from/to Borrower

520. Total Reduction Amount Due to Seller
600. Cash at Settlement to/from Seller

301. Gross amount due from borrower (line 120)

$

191,218.75

601. Gross amount due to seller (line 420)

$

190,000.00

302. Less amounts paid by/for borrower (line 220)

$

(11,453.60)

602. Less reductions in amount due seller (line 520)

$

(179,179.68)

$179,765.15

603. Cash

303. Cash

From

Buyer Initials

To Borrower

To

From Seller

$10,820.32

Seller Initials

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 confidentiality is assured; this disclosure is mandatory. This is
designed to provide the parties to a RESPA covered transaction with information during the settlement process.
Previous editions are obsolete

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DocuSign Envelope ID: 540F4C48-18F4-4400-958E-0BF64A09F8AD
L. Settlement Charges
700.

Division of commission (line 700) as follows:
701.

$

5,700.00

703.

Roofstock Realty LLC

to

702.

Paid From Seller's
Funds at Settlement

Paid From
Borrower's
Funds at
Settlement

Total Real Estate Broker Fees

to
Commission paid at settlement

$

-

$

5,700.00

$

750.00

$

$

530.00

25.00 $

50.00

704.
800.

Items Payable in Connection with Loan

801.

Our origination charge

$

-

(from GFE #1)

802.

Your credit or charge (points) for the specific interest rate chosen

$

-

(from GFE #2)

803.

Your adjusted origination charges

(from GFE #A)

804.

Appraisal fee to

(from GFE #3)

805.

Credit report to

(from GFE #3)

806.

Tax service to

(from GFE #3)

807.

Flood certification

(from GFE #3)

808.
809.
810.
811.
900.

Items Required by Lender to be Paid in Advance

901.

Daily interest charges from

@ $

902.

Mortgage insurance premium

months to

903.

Homeowner's insurance

-

/day

(from GFE #10)
(from GFE #3)

Years:

(from GFE 11)

904.
1000.

Reserves Deposited with Lender

1001.

Initial deposit for your escrow account

1002.

Homeowner's insurance

months

@

$

-

per month

1003.

Mortgage insurance

months

@

$

-

per month

$

-

1004.

Property taxes

months

@

$

-

per month

$

-

1005.

months

@

$

-

per month

$

-

1006.

months

@

$

-

per month

$

-

$

-

1007.

(from GFE #9)

Aggregate Adjustment

$

-

-

1100.

Title Charges

1101.

Total title services and lender's title insurance

1102.

Escrow Settlement fee to Segel Law Group, Inc.

1103.

ALTA Standard Coverage Owner's POLICY to ServiceLink

1104.

CPL Fee to Chicago Title Insurance company C/O

1105.

IL Registration Fee

to Servicelink

1106.

Title Search Fee to

Servicelink

1107.

Tax Certificate Search Fee to Servicelink

1108.

Commitment Update to Servicelink

(from GFE #4)
(from GFE #5)
Servicelink

$

-

$
$

3.00

100.00 $

100.00

$

3.75 $

3.75

$

200.00 $

200.00

$

675.00

1109.

Closing Fee to Segel Law

1110.

Deed Ship Fee to Segel Law

$

25.00

1111.

Deed Preparation Fee to Segel Law

$

60.00

1200.

Government Recording and Transfer Charges

1201.

Total government recording charges

1202.

Deed

1203.

State Transfer stamps

1204.

City/county tax/stamps

Deed

Mortgage

$

-

$

95.00

1205.

City /State tax/stamps

Deed

Mortgage

$

-

$

190.00

$

$

-

$

140.00

-

(from GFE #7)
Release

$

140.00

(from GFE #8)

1206.
1300.

Additional Settlement Charges

1301.

(from GFE #6)

1302.
1303.
1304.
1305.

Wire Fee to Segel Law Group

$

80.00

1306.

Village Requirements to JBLegwork LLC

$

250.00

1,218.75 $

7,961.75

1307.
1400.

$

Total Settlement Charges (enter on lines 103, Section J and 502, Section K)

I have carefully reviewed the HUD-1 Settlement Statement and to the best of my knowledge and belief, it is a true and accurate statement of all receipts
and disbursements made on my account or by me in this transaction. I further certify that I have received a copy of the HUD-1 Settlement Statement.
Borrower(s) ______________________________________________

Seller(s)

Lofty Holding 665 Chapman Street LLC

6ELW INC

______________________________________________

The HUD-1 settlement Statement which I have prepared is a true and accurate account of funds received and funds disbursed or to be disbursed for this transaction.
Settlement Agent
Previous editions are obsolete

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HUD-1