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Closing Settlement Statement Seller:Buyer:Seller:Buyer:Property Address: City:State: IllinoisZip:Seller(s) ColumnBuyer(s) Column1a. Sales Price1b. Sales Price2a. Downpayment2b. Downpayment3a. Balance3b.

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How to fill out the Illinois Closing online

Filling out the Illinois Closing form accurately is essential for a smooth real estate transaction. This guide provides clear instructions to help users complete the form online with confidence and ease.

Follow the steps to fill out the Illinois Closing form online.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. In the Seller(s) column, enter the names of the sellers involved in the transaction.
  3. In the Buyer(s) column, fill in the names of the buyers.
  4. In section 1a, input the sales price agreed upon by the seller and buyer.
  5. In section 1b, repeat the sales price for clarity in the buyer's column.
  6. Outline the down payment in section 2a for the seller and 2b for the buyer.
  7. Fill in the balance in sections 3a and 3b to reflect the amounts owed after the down payment.
  8. Detail the expenses in sections 4a and 4b, including any applicable fees.
  9. Complete the following expense items (5a, 5b, etc.) carefully, including title search, recording fees, title insurance, attorney fees, notary fees, survey costs, and commissions.
  10. Calculate and enter the total expenses in sections 20a and 20b.
  11. Indicate the balance less expenses in section 21a and the balance plus expenses in section 21b.
  12. Provide any other adjustments in sections 22a and 22b, listing applicable tax prorations and assessments.
  13. Total adjustments should be recorded in sections 30a and 30b.
  14. Determine the balance due to the seller in section 31a and the balance due from the buyer in section 31b.
  15. Finally, list the total amounts due to/from sellers and buyers in sections 32a and 32b.
  16. Both sellers and buyers must certify the accuracy of the information by providing their signatures and social security numbers in the designated areas.
  17. Include the date for the certification.
  18. Once all sections are completed and verified, save your changes, download, print, or share the form as necessary.

Complete your Illinois Closing form online today for a seamless real estate transaction.

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