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NCREIA PREP VIRTUAL VIA ZOOM

with... Kathie Russell

How to Read a Settlement Statement

Wednesday, October 20, 2021 6:00 PM - 7:00 PM
Virtual ONLINE Event
We have resolved the technical difficulties from last month so we are having a "do-over" for the topic - Reading a Settlement  Statement (HUD)

A settlement statement is a document that outlines who paid what to whom. It shows an itemized list of fees and credits summarizing the finances of an entire real estate transaction. It serves as a record showing how all the money has changed hands line by line.
It details the contract price of the property, funds owed to real estate agents collecting commission from the sale, local governments owed taxes and recording fees, and final charges going to the lender. 
At the bottom of the statement, you’ll see the net proceeds in the seller credit column, you will also see what is due from the buyer. Think of this document as a formal receipt for your home sale. It’s critical to ensure you know how to read it and verify the accuracy. 
Join Kathie Russell as she takes you through the closing statement, step by step. Don’t just sign it, understand it!
The meeting will be hosted online at Zoom.com The meeting link will be emailed to you upon pre-registration - RETAIN THIS EMAIL! Please note, download Zoom on your device of choice, register for your free account and test your device for audio/camera/microphone capabilities. 

VERY IMPORTANT!!   Just like checking in at our in-person meetings, to enable us to check you in for the meeting your Zoom name must match your TREIA account name - we need both first and last name to identify you.


Members:
FREE for Members
Non-Members:
$20.00

Date:  Wednesday, October 20, 2021
Time:  6:00 PM - 7:00 PM



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North Carolina Real Estate Investors Association

727 West Hargett Street, Suite 209
Raleigh, NC 27603
(919) 754-3904

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