Real Estate Glossary

What's a Settlement Statement?

A settlement statement is a document that itemizes all of the costs and fees associated with a real estate transaction, including the purchase price, real estate commission, closing costs, and other expenses. It is typically provided to the buyer and seller before the closing of the transaction, and it is used to ensure that all parties are aware of the total cost of the transaction and that all funds are disbursed correctly.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
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