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Closing Statement - 7542 & 7656 S Colfax Ave, Chicago, IL 60649 - 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
KindPDF
Updated2022-02-09
Dropbox path10 - Deed & Title/Closing Statement - 7542 & 7656 S Colfax Ave, Chicago, IL 60649 - 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: OC21040898 Escrow Officer: Gabriel Velixaru Email: Gabriel.Velixaru@fnf.com Buyer: Odai Ammar IL Seller: Rui Feng Mei 2926 170Th St Ny Flushing, IL 11358 Property: 7542 S. Colfax Ave Chicago, IL 60649 Parcel ID(s): 21-30-303-013-0000 SELLER $ DEBITS $ BUYER CREDIT

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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: OC21040898
Escrow Officer: Gabriel Velixaru
Email: Gabriel.Velixaru@fnf.com

Buyer: Odai Ammar
IL
Seller: Rui Feng Mei
2926 170Th St Ny
Flushing, IL 11358
Property: 7542 S. Colfax Ave
Chicago, IL 60649
Parcel ID(s): 21-30-303-013-0000
SELLER
$

DEBITS

$

BUYER
CREDITS

$

DEBITS $

CREDITS

FINANCIAL CONSIDERATION
350,000.00 Sale Price of Property

350,000.00

Deposit or earnest money
Retained by RE/MAX Next ($27,500.00)

34,750.00

PRORATIONS/ADJUSTMENTS
5,662.11
115.65

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

5,662.11

Rent credit

115.65

TITLE & ESCROW CHARGES
150.00

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

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

40.00

Title - Overnight Delivery & Handling 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

58.00

Title - Tax Paying Agent Fees to Fidelity National
Title Company, LLC

40.00

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

3,195.00

25.00

40.00

Title - Owner's Title Insurance to Vincent Incopero
/ FNT
SE 32-06 - Homeowner's Inflation Protection
(Residential) to Fidelity National Title Insurance
Company

175.00

Policies to be issued:
Owners Policy
Coverage: $350,000.00
Premium: $3,195.00
Version: ALTA Owner's Policy 2006

GOVERNMENT CHARGES
Recording Fees to Fidelity National Title
Company, LLC
1,050.00

City Transfer Tax to City of Chicago

175.00

County Transfer Tax ($175.00) to MYDEC Cook
County Transfer Stamps

350.00

State Transfer Tax to MYDEC Cook County
Transfer Stamps

98.00
2,625.00

PAYOFFS

220,808.31

Payoff of First Mortgage Loan to PennyMac Loan
Services, LLC ($220,808.31)
Total Payoff

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(OC21040898/24) December 29, 2021 04:18 PM

ESTIMATED MASTER STATEMENT - Continued

SELLER
$

DEBITS

$

BUYER
CREDITS

$

DEBITS $

CREDITS

MISCELLANEOUS CHARGES
27,500.00

Agent commission to RE/MAX Next
Assignment Fee to KMR Law Group

6,125.00

Buyer Attorney Fee to KMR Law Group

425.00

600.00

Seller Attorney Fee to Vincent Incopero

450.00

Survey Fee to Land Surveying Services, Inc

125.00

Water Cert to Real Law Group

195.00

Zoning Cert to Real Law Group

3,025.88

264,392.95

Lien Payoff to Goldman and Grant Ltd

350,000.00

Subtotals

360,478.00

Balance Due FROM Buyer
85,607.05
350,000.00

40,527.76
319,950.24

Balance Due TO Seller
350,000.00

TOTALS

360,478.00

360,478.00

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.

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(OC21040898/24) December 29, 2021 04:18 PM