JOT II - Halsted Farmington - closing statement.pdf
Jot II, LLC, Petitioner Vs. City Of Farmington Hills, Respondent · 25-001763-TT
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Buyer's Final Settlement Statement Print Date: Halsted Farmington LLC 41100 Plymouth Road, Suite B1-130, Plymouth, MI 48170 JOT Ii, LLC 4858 Willow Lane, Orchard Lake, Mi 48324 Lake Michigan Credit Union P.O. Box 2088, Grand Rapids, MI, 49501 First American Title Insurance Company Et All TH 300 East Long Lake Road, Suite 300 *Bloomfield Hills, MI 48304 Office Phone: (248)540-4102 Office Fax:(866)550-1079 Property Address: 27675 Halsted Road, File No: 1027130 Farmington Hills, MI 48331 Officer: Pat Flinchum/KE Settlement Date: 06/26/2025 Disbursement Date: 06/26/2025 06/25/2025, 5:05 PM Charge Description Buyer Charge Buyer Credit Consideration: Total Consideration 2,200,000.00 B Deposits in Escrow: ry GH (——— Receipt No. 3121106527 on 05/16/2025 by BCS Property Management LLC I 80,000.00 Prorations: i. Pi FR TT [Sie - Summer Tax 08/26/25 to 07/01/25 @$81,376.36/yr TA 1,114.74 er Winter Tax_08/26/25 to 12/01/25 @$25,312.314r 10,957.11 New Loan(s): —_— Lender: Lake Michigan Credit Union Wi Loan Amount - Lake Michigan Credit Union 1,600,000,00 Membership Deposit to Lake Michigan Credit Union 5.00 LMCU Fee to Lake Michigan Credit Union 4,000.00 Flood to Lake Michigan Credit Union 14.00 Appraisal/Valuation to Lake Michigan Credit Union 1,862.50 RE Tax Fee lo Lake Michigan Credit Union 95.00 Title/Escrow Charges to: 7 Recording Processing Fee - Escrow to First American Title Insurance Company 75.00 Settlement/Closing Fee to First American Title Insurance Company 1,400.00 But] ALTA Loan Policy to First American Tifle Insurance Company 1,000.00 [ALTA 25] Same as Survey to First American Title Insurance Company 250.00 oh (ALTA 9] Restrictions, Encroachments, Minerals - Loan Policy to First American Title 500.00 Insurance Company Record Deed to Oakland County Register of Deeds 30.00 Deed Tax Certification to Oakland County Treasurer 5.00 Record /Courler Fee 250.00 to Register of Deeds Cash (X From) ( To) Buyer 541,558.35 Totals 2,221,558.35 2,221,558.35 Initials: Page 1 0f 2 re