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Title West wants to help you close your next transaction with a minimal number of surprises.

After you read the Settlement Statement page you will probably have some questions about endorsement fees and various closing costs. We have assembled a list of some typical costs of closing; unfortunately, each real estate transaction is unique and many of the facts are not available until closing. Therefore, it is very difficult to pinpoint actual costs to the penny. Use this section to educate yourself with the different aspects of endorsements and fees, most of these you will encounter when closing on your new purchase.

Endorsements (en. dors. ments ) Noun: Additions or addendums to the policy where more coverage is provided.

What endorsements are required or should be considered?

Each transaction has its own particular needs. However, listed below are some typical endorsements that are requested by lenders and a new buyer.

Your Settlement Cost

A. Specific Settlement Costs
B. Calculating the Amount You Need At Settlement
C. Adjustments To Costs Shared By Buyer and Seller
D. HUD-1 Settlement Statement
E. Appendex

Title West : Residential : Selling a Home : Closing Costs