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Home My WebLink AboutWQ0004181_More Information (Received)_20231011dotloop signature verification: dt1p.us/XKHt-NMm6-eg32 Closing Disclosure Closing Information Date issued 09/21/23 Closing Date 09/22/23 Disbursement Date 09/22/23 Settlement Agent Sumrell Sugg, P.A. File * 00029 Property 533 Bible Shore Road Belhaven, NC 27810 Sale Price $ 300,000 SELLER'S TRANSACTION M. Due to Seller at Closing S 300,000.00 01 Sale Price of Property $ 300,000•00 02 Sale Price of Any Personal Property Included in Sale 03 04 05 06 07 08 stments for items Paid by Seller in Advance 09 cityLrown Taxes 10 County Taxes 11 Assessments 12 13 14 15 16 RI. Due firm Seller at Closing 01 Excess Deposit _ $171,612.q 02 Closing Costs Paid at Closing (3} $16,909.90 03 Existing Loan(s) Assumed or Taken Suhjed to 04 Payoff of First Mortgage Loan $145,032.35 05 Payoff of Second Mortgage Loan 06 Due Diligence $ 25•00 07 08 Seller Credit $ 9,420.58 09 10 11 12 13 Adjustments for Items Unpaid by Seller 14 CVff own Taxes 15 County Taxes 16 Assessments 17 18 19 CALCULATION Total Due to Seller at Closing (M) $ 300,000•0 Total Due from Seller at Closing (N) - $ 171,612.83 Cash ❑ From ❑X To Seller $ 128,387.17 Transaction Information Borrower Dennis Franklin Edwards and Emily Edwards 533 (able Shore Road Belhaven, NC 27810 Seller Thomas P. Watkins and Mary Kathryn Watkins 2102 Mares Way Greenville, NC 27858 Contact Information Name Keller Williams Realty Address NC License ID Contact Amber 3ones Contact NC License ID Email Phone RFAL ESTATE RROI(FR (Sl Name Haystack Realty Address NC License ID Contact Clifton Maddox Contact NC License ID Email Phone SEM EMEW AGENT Name Address NC License ID Contact Contact NC License ID Email Phone Sumrell Sugg, P.A. 416 Pollock St. New Bern, NC 28560 (252)633-3131 Questions? If you have questions about the ban Germs or costs on this form, use the contact information above. To get more information or make a complaint, contact the Consumer Financial Protection Bureau at www.consumerfinanmgov/mortgage-dosing CLOSING DISCLOSURE PAGE 1 OF2 dotloop signature verification: dtlp.us/XKHt-NMm6-eg32 Closing Cost Details Loan A. Origination Charges Seller -Paid At Closing Before Closing 01 % of Loan Amount (Points) 02 03 04 05 06 07 08 & Services Borrower Did Not Shop For 01 02 03 04 05 06 07 08 09 C. Services Borrower Did Shop For 01 02 03 04 05 06 07 08 Other Costs E. Taxes and Other Government Fees 01 Recording Fees Deed: Mortgage: 02 Revenue Stamp5 to Craven Cowly Resister of Deerk $ 600.00 F. Pre ids 01 Homeowners Insurance Premium mo. 02 Mo Insurance Premium mo. 03 Prepaid Interest from W 04 Property Taxes to Beaufort County Tax Collector 01/01/23 to 01/01/24 $ 834.90 05 G. Initial Escrow PaVrnent at Closing 01 homeowners Insurance per month for mo. 02 WrtQaw Dwane per moridi for mo. 03 Roperty Taxes per rrioritit for mo. 04 05 06 07 08 Aggregate Adjustment H. Other 01 Commission to Fla stack Rea $ 8,000•00 02 Commission W Keller Williams Realty $ 7,000.00 03 Overnight Fee to Sunrell P.A. Pa off -Movement Mortgage $ 50.00 04 05 Seller Document Preparation to Sunrell Suqj P.A. $ 425.00 06 07 08 1. TOTAL CLOSING COSTS $ 16,909.90 — CLOSING DISCLOSURE PAGE 2 OF 2 dotloop signature verification: dt1p.us/XKHt-NMm6-eg32 Closing Disclosure Form Addendum Borrower(s): Dennis Franklin Edwards and Emily Edwards 533 Bible Shore Road Belhaven, NC 27810 Seller(s): Thomas P. Watkins and Mary Kathryn Watkins 2102 Mares Way Greenville, NC 27858 Lender. Settlement Agent: Settlement Date: Property Location: Payoffs Payee/Desaiption Briqhton Bank Sumrell Sugg, P.A (252)633-3131 September 22, 2023 533 Bible Shore Road Belhaven, NC 27810 Movement Mortgage Payoff of First Mortgage Loan Loan Payoff $ 145,032.35 As of 09/28/23 Including additional interest for -6 Days @ Confirm Receipt dotloop verified G� 09/22/23 9:57 AM EDT ZAUPT-Q M8X-W KEL-1 SN6 dotloop veri 'ed pJy�[/W�� Ie�09/22/23 10:09 AM EDT -- i/ VOYS-A7F-DMNV-APFN Mary Kathryn Watkins CLOSING DISCLOSURE ADDENDUM Per Diem/Day Seller -Paid At Closing BeforeClosing $ 145,032.35 dotloop signature verification: dt1p.us/XKHt-NMm6-eg32 1 DISBURSEMENTS SUMMARY / BALANCE SHEET Borrower: Dennis Franklin Edwards and wife, Emily Edwards Seller: Thomas P. Watkins and wife, Mary Kathryn Watkins Lender: Brighton Bank Settlement Agent Sumrell Sugg, P.A. (252)633-3131 Settlement Date: September 22, 2023 Property Location: 533 Bible Shore Road Belhaven, NC 27810 Brighton Bank Lender Credits Haystack Realty Commission INCOMING FUNDS Loan Funding Amount -50.00 DISBURSEMENTS Keller Williams Realty Commission Shackelford &Associates Beaufort County Tax Collector Movement Mortgage Thomas P. Watkins and Mary Kathryn Watkins MT Craven County Register of Deeds MT Craven County Register of Deeds Brighton Bank 0.5% of Loan Amount (Points) Application Fees Credit Report Flood Certification Homeowner's Insurance Premium Homeowner's Insurance Prepaid Interest Property Taxes Sumrell Sugg, P.A. Settlement/Closing Fee E-Recording Seller Document Preparation Overnight Fee Heritage Title Insurance Lenders Title Policy Owners Title Policy Number of checks - 8 Total Incoming Funds 293,039.47 293.039.47 8,000.00 8.000.00 7,000.00 7,000.00 Appraisal Fee 575.00 Property Taxes 1,149.95 Payoff of First Mortgage Loan 145,032.35 Closing Proceeds 128,387.17 Recording Fees 90.00 Revenue Stamps 600.00 0.00 1,500.00 Deducted 1,390.00 Deducted 44.50 Deducted 11.00 Deducted 2,593.00 Deducted 648.24 Deducted 536.30 Deducted 287.49 Deducted Settlement Agents Fees 1,385.00 900.00 10.00 425.00 50.00 Title Charges 820.00 794.00 26.00 Total Disbursements 293,039.47 (00029-EDWARDS.PFD/00029/11) dotloop signature verification: dt1p.us/XKHt-NMm6-eg32 SELLER'S STATEMENT File No.: Escrow Officer/Closer: Settlement Date: Borrower: Seller: Property: 00029 September 22, 2023 Dennis Franklin Edwards and Emily Edwards Thomas P. Watkins and Mary Kathryn Watkins 533 Bible Shore Road Belhaven, NC 27810 Sale Price of Property Total Credits to Seller DEBITS Payoff of First Mortgage Loan Loan Payoff $145,032.35 As of 092823 Include additional interest for -6 Days @ Per Diem/Day Due Diligence Seller Credit Property Taxes 0 1/0 1/23-09/23/23 Seller tax period Revenue Stamps Commission Commission Seller Document Preparation Ovemight Fee Payoff -Movement Mortgage Less Total Reductions to Amount Due Seller 300,000.00 TOTAL CREDITS $ 300,000.00 to Movement Mortgage 145,032.35 250.00 9,420.58 $ 834.90 to Craven County Register of 600.00 Deeds to Haystack Realty 8,000.00 to Keller Williams Realty 7,000.00 to Sumrell Sugg, P.A. 425.00 to Sumrell Sugg, P.A. 50.00 TOTAL DEBITS $171,612.83 BALANCE To Seller $128,387.17 dotloopverifed 09/22/23 9:57 AM EDT SNVE-V2TH-QZVF-V928 On'nc; P yvatKins dotloopverifed 23 10:09 AM EDT EBTQ- � �( EBTQ-GIQX-FUZE-PEXV Sumrell Sugg, P.A. (00029-EDWARDS.PFD/00029/11)