Apartments for rent in Tampa Florida
CLOSING DISCLOSURE PAGE 3
Alright, let’s break this second page down piece by piece! Think of it like a pizza—you've got to know what's on each slice before you dig in. This page shows the cost to "close" on a property, which is just a fancy way of saying it's the final bill before you officially own the house!
This table in your closing document shows a side-by-side comparison of the first loan estimate you got and the final numbers. It helps you see if anything has changed since the beginning. If something did change, the table will tell you exactly where to look. By showing both numbers together, it makes it easy to spot any differences and understand the final costs before you finish the deal.
This is the section that summarizes what borrower pays out at closing.
This is the section that summarizes the borrower has already paid prior to closing.
This is the section that summarizes what is due to the seller at closing.
This is the section that summarizes what the seller owes at closing.
