A settlement statement provides a detailed summary of the financial aspects of a real estate transaction. It typically includes charges, credits, fees, and the final amounts due from/to each party at closing.
Because settlement statements are governed by state and local regulations and may vary based on transaction type, location, and timing. As a result, details can differ from one transaction to another and may change as the transaction progresses. Practices, regulations, and requirements may also be updated throughout the escrow process as final details are confirmed.
If you have questions about your settlement statement, the amounts listed, or how specific charges are calculated, please contact your escrow transaction team directly. You can reach them through the secure Message Center.
If your question requires legal interpretation or advice, we recommend consulting a qualified legal professional.