Question

Corinne, an escrow agent, is preparing for the Thomas/Trenton closing in four days. Which of these documents will Corinne prepare? Unset starred question She'll prepare a seller net sheet to disclose the seller's net profit on the sale. Working with the lender, she'll prepare the Loan Estimate, which details the costs the buyer and seller will pay at closing. Working with the lender, she'll prepare the settlement statement, which details the costs the buyer and seller will have at closing. Working with the title company attorney, she'll prepare the preliminary title commitment.

Answer 1

The answer is "In collaboration with both the lender, she will write a settling declaration detailing the price to the buyers and sellers.", and the further calculation can be defined as follows:

• A trust agreement is generally an arrangement between both the depositor, its buyer, usually the beneficiary, and us as trustees.
• The account holder shall, in accordance with the terms, deposit with us as a scroll agent a particular document or sum.
• In four days Corinne, the escrow agent, prepared for close Thomas / Trenton.
• In collaboration with both the lender, they would produce the settlement statement detailing that cost to be paid by the buyers and sellers to close those documents.
• Therefore, the "third option" is the only correct choice.

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