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Fidelity Estimated Master Statement - 2021-12-30 - 7656 S Colfax Ave - 7542 and 7656 S Colfax Ave, Chicago, IL 60649.pdf

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Property7542 and 7656 S Colfax Ave, Chicago, IL 60649
FolderDeed & Title
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Updated2022-02-09
Dropbox path10 - Deed & Title/Fidelity Estimated Master Statement - 2021-12-30 - 7656 S Colfax Ave - 7542 and 7656 S Colfax Ave, Chicago, IL 60649.pdf

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Fidelity National Title Company, LLC 20 N Clark St., Ste 220, Chicago, IL 60602 Phone: (312)621-5000 · Fax: (312)621-5033 ESTIMATED MASTER STATEMENT Settlement Date: December 30, 2021 Disbursement Date: December 30, 2021 Escrow Number: OC21041092 Escrow Officer: Gabriel Velixaru Email: Gabriel.Velixaru@fnf.com Buyer: Lofty Holding 7542 South Colfax Avenue, an Illinois Series Limited Liability Company IL Seller: Rui Fen Mei 2926 170Th St Ny Flushing, IL 11358 Property: 7656 S Colfax Ave Chicago,

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Fidelity National Title Company, LLC
20 N Clark St., Ste 220, Chicago, IL 60602
Phone: (312)621-5000 | Fax: (312)621-5033

ESTIMATED MASTER STATEMENT
Settlement Date: December 30, 2021
Disbursement Date: December 30, 2021

Escrow Number: OC21041092
Escrow Officer: Gabriel Velixaru
Email: Gabriel.Velixaru@fnf.com
Buyer: Lofty Holding 7542 South Colfax Avenue, an Illinois Series Limited Liability Company

IL
Seller: Rui Fen Mei
2926 170Th St Ny
Flushing, IL 11358
Property: 7656 S Colfax Ave
Chicago, IL 60649
Parcel ID(s): 21-30-310-024-0000
SELLER
$

DEBITS

$

BUYER
CREDITS

$

DEBITS $

CREDITS

FINANCIAL CONSIDERATION
346,600.00 Sale Price of Property

1,600.00

346,600.00

Deposit or earnest money
Retained by ReMax Next ($27,800.00)

34,750.00

Seller Credit

1,600.00

PRORATIONS/ADJUSTMENTS
4,722.00
96.97

County Taxes
01/01/21 to 12/30/21

4,722.00

Rent Credit

96.97

TITLE & ESCROW CHARGES
150.00

Title - Commitment Update Fee to Vincent
Incopero
Title - CPL Fee to Buyer to Fidelity National Title
Insurance Company

25.00

50.00

Title - CPL Fee to Seller to Fidelity National Title
Insurance Company

800.00

Title - Escrow Fees - Borrower to Fidelity National
Title Company, LLC

800.00

Title - Policy Update Fee to Vincent Incopero

150.00

Title - Recording Service Fee to Fidelity National
Title Company, LLC

15.00

3.00

Title - State of Illinois Policy Registration Fee to
Fidelity National Title Company, LLC

40.00

Title - Wire Transfer Service Fee to Fidelity
National Title Company, LLC

40.00

Extended Coverage Endorsement to Fidelity
National Title Company, LLC

0.00

2,050.00

Title - Owner's Title Insurance to Vincent Incopero
/ FNT
Policies to be issued:
Owners Policy
Coverage: $346,600.00
Premium: $2,050.00
Version: ALTA Owner's Policy 2006

GOVERNMENT CHARGES
Recording Fees to Fidelity National Title
Company, LLC
1,041.00

City Transfer Tax to MYDEC Chicago Transfer
Stamps

173.50

County Transfer Tax ($173.50) to MYDEC Cook
County Transfer Stamps

347.00

State Transfer Tax to MYDEC Cook County
Transfer Stamps

98.00
2,602.50

PAYOFFS

209,079.56

Payoff of First Mortgage Loan to PennyMac Loan
Services, LLC ($209,079.56)
Total Payoff

MISCELLANEOUS CHARGES
Assignment Fee to Odai Ammar
Buyer Attorney Fee to KMR Law Group
27,800.00

6,125.00
425.00

Commission to ReMax Next
Page 1 of 2

(OC21041092/29) December 29, 2021 05:22 PM

ESTIMATED MASTER STATEMENT - Continued

SELLER
$

DEBITS

$

BUYER
CREDITS

$

DEBITS $

CREDITS

MISCELLANEOUS CHARGES
443.86

Reimb Water Cert to Real Law Group

195.00

Reimb Zoning Cert to Real Law Group

600.00

Seller Attorney Fee to Gavin Halper

450.00

Survey to Land Surveying Services, Inc

249,641.89

346,600.00

Subtotals

356,880.50

Balance Due FROM Buyer
96,958.11
346,600.00

41,168.97
315,711.53

Balance Due TO Seller
346,600.00

TOTALS

356,880.50

356,880.50

The fees listed are based solely on the information provided and subject to Lender’s Closing Instructions. Any changes,
including but not limited to the sales price, loan amount, requested endorsements, number of pages to be recorded, documents
to be recorded and number of loan packages will result in a change to the figures provided. Review this quote carefully as the
settlement agent will not be held liable for the accuracy or completeness of the information received or for failure to request
updated figures if the terms have changed or additional services are required.

Page 2 of 2

(OC21041092/29) December 29, 2021 05:22 PM