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HUD-1 Settlement Statement - 9902 Garfield Ave, 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: GE25-1316 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:
GE25-1316

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:
GS Rep Fund I LOC LLC
27970 Chagrin Boulevard, #206
Beachwood, OH 44122
G. PROPERTY LOCATION:
9902 Garfield Avenue
Cleveland, OH 44108
Cuyahoga County, Ohio
Lot(s): 29, E.J. Well's Subdivision, Parcel ID(s):
108-21-012

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
106. City/Town taxes
406. City/Town taxes
107. County taxes
407. County taxes
108. Assessments
408. Assessments
109.
409.
110.
410.
111.
411.
112.
412.
120. GROSS AMOUNT DUE FROM BORROWER
420. GROSS AMOUNT DUE TO SELLER
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)
203. Existing loan(s) taken subject to
503. Existing loan(s) taken subject to
204.
504. Payoff of first mortgage loan
205.
505. Payoff of second mortgage loan
206.
506. Utility Hold
207.
507. Dep. disbursed as proceeds
208.
508. Delinquent Taxes
209.
509. Assessments
Adjustments for items unpaid by seller
Adjustments for items unpaid by seller
210. City/Town taxes
510. City/Town taxes
211. County taxes 01/01/25 to 11/14/25
511. County taxes 01/01/25 to 11/14/25
212. Assessments
512. Assessments
213.
513.
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 9902 Garfield Avenue DAO LLC
100.
101.
102.
103.
104.
105.

(GE25-1316/32)

E. NAME AND ADDRESS OF SELLER:
F. NAME AND ADDRESS OF LENDER:
Lofty Holding 9902 Garfield Avenue DAO LLC
9902 Garfield Avenue
Cleveland, OH 44108
H. SETTLEMENT AGENT: Tax ID:
Phone: (216)785-2323
I. SETTLEMENT DATE:
Golden Eagle Title & Escrow, Inc.
November 14, 2025
5152 Darrow Road, Hudson, OH 44236
DISBURSEMENT DATE:
PLACE OF SETTLEMENT:
November 14, 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)

60,000.00

60,000.00

5,461.12

200.00
1,032.53
336.00

778.85

7,808.50
60,000.00
7,808.50)
52,191.50

BY:________________________________
Earl Co

Printed on: 11/13/25 at 11:10 AM GE25-1316/32

HUD-1, Page 1

L. SETTLEMENT CHARGES
700. TOTAL COMMISSIONS Based on Price
$
@
%
3,900.00
Division of Commission (line 700) as Follows:
701. $ 2,100.00
to Keller Williams Living
702. $ 1,800.00
to V.S Realty
703. Commission paid at settlement
704.
to
800. ITEMS PAYABLE IN CONNECTION WITH LOAN
801. Loan origination fee
to
802. Loan discount
to
803. Appraisal fee
to
804. Credit report
to
805. Lender's inspection fee
to
806. Mortgage insurance application fee
to
807. Assumption fee
to
808.
to
809.
to
810.
to
811.
to
900. ITEMS REQUIRED BY LENDER TO BE PAID IN ADVANCE
901. Interest From 11/14/2025 to 12/1/2025 @ $
/day (17 days
%)
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
1001. Hazard insurance
Months @ $
per Month
1002. Mortgage insurance
Months @ $
per Month
1003. City property taxes
Months @ $
per Month
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
1101. Settlement Fee
to Golden Eagle Title & Escrow, Inc.
1102. Closing Coordination Fee
to Certified Signer Nationwide LLC
1103. Wire Fee
to Golden Eagle Title & Escrow, Inc.
1104. Courier Fee
to Golden Eagle Title & Escrow, Inc.
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.
$ 60,000.00
345.00
1111. CPL
to
1112. Filing Fee
to Golden Eagle Title & Escrow, Inc.
1113.
to
1200. GOVERNMENT RECORDING AND TRANSFER CHARGES
1201. Recording fees;
Deed
$39.00; Mortgage
; Releases
1202. City/County tax/stamps;
Deed
$240.00; Mortgage
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. Acquisition Fee
to Green Sea Real Estate Partners LLC
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

3,900.00

350.00
175.00
35.00
300.00
50.00
175.00
172.50

240.00
0.50

63.12

5,461.12

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: 11/13/25 at 11:10 AM GE25-1316/32

HUD-1, Page 2