closing statement Definition

closing statement

Definition

A document prepared by a closing agent describing a real estate transaction, including the escrow deposits for taxes, commissions, loan fees, points, hazard insurance, and mortgage insurance. also called HUD-1 statement or settlement sheet.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Popular 'Lending & Credit' Terms

equity
triple net lease
leverage
interest rate
amortization

security
accounts receivable
quick ratio
financial leverage
accounts payable

closing statement in the news

Tools

closing statement is ...

... part of the Lending & Credit, Real Estate and Taxes subjects.

Nearby Terms

closing entry
closing price
closing purchase
closing quote
closing sale
closing statement
closing tick
closing transaction
cloud on title
CLP
CLU

Search volume for closing statement

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice