{"id":242018,"date":"2024-06-17T21:49:32","date_gmt":"2024-06-17T21:49:32","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=242018"},"modified":"2024-06-17T21:49:32","modified_gmt":"2024-06-17T21:49:32","slug":"can-i-ask-escrow-to-send-me-a-pre-statement","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/","title":{"rendered":"Can I ask escrow to send me a pre-statement?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/#Can_I_ask_escrow_to_send_me_a_pre-statement\" title=\"Can I ask escrow to send me a pre-statement?\">Can I ask escrow to send me a pre-statement?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/#What_is_a_pre-statement\" title=\"What is a pre-statement?\">What is a pre-statement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/#Why_is_a_pre-statement_important\" title=\"Why is a pre-statement important?\">Why is a pre-statement important?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/#How_can_I_request_a_pre-statement_from_escrow\" title=\"How can I request a pre-statement from escrow?\">How can I request a pre-statement from escrow?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/#What_information_is_included_in_a_pre-statement\" title=\"What information is included in a pre-statement?\">What information is included in a pre-statement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/#Is_a_pre-statement_legally_binding\" title=\"Is a pre-statement legally binding?\">Is a pre-statement legally binding?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/#Can_I_negotiate_the_fees_and_charges_in_a_pre-statement\" title=\"Can I negotiate the fees and charges in a pre-statement?\">Can I negotiate the fees and charges in a pre-statement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/#How_accurate_is_a_pre-statement\" title=\"How accurate is a pre-statement?\">How accurate is a pre-statement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/#When_should_I_expect_to_receive_a_pre-statement\" title=\"When should I expect to receive a pre-statement?\">When should I expect to receive a pre-statement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/#What_should_I_do_if_there_are_discrepancies_in_the_pre-statement\" title=\"What should I do if there are discrepancies in the pre-statement?\">What should I do if there are discrepancies in the pre-statement?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/#Can_I_request_multiple_pre-statements_if_needed\" title=\"Can I request multiple pre-statements if needed?\">Can I request multiple pre-statements if needed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/#Is_a_pre-statement_only_provided_to_buyers\" title=\"Is a pre-statement only provided to buyers?\">Is a pre-statement only provided to buyers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/#Are_there_any_fees_associated_with_requesting_a_pre-statement\" title=\"Are there any fees associated with requesting a pre-statement?\">Are there any fees associated with requesting a pre-statement?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Can_I_ask_escrow_to_send_me_a_pre-statement\"><\/span>Can I ask escrow to send me a pre-statement?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Yes, you can ask escrow to send you a pre-statement. It is a common practice for escrow companies to provide customers with a pre-statement before the actual closing.<\/p>\n<p>When you are in the process of buying or selling a property, escrow plays a crucial role in ensuring a smooth transaction. One important document that escrow companies provide is a pre-statement, also known as an estimated statement or preliminary settlement statement. This document outlines the estimated costs, fees, and charges associated with the real estate transaction.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_a_pre-statement\"><\/span>What is a pre-statement?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A pre-statement is a document provided by the escrow company that outlines the estimated costs, fees, and charges associated with the real estate transaction.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_a_pre-statement_important\"><\/span>Why is a pre-statement important?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A pre-statement is important because it gives buyers and sellers an idea of the financial aspects of the real estate transaction before the actual closing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_request_a_pre-statement_from_escrow\"><\/span>How can I request a pre-statement from escrow?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>You can simply contact your escrow officer or escrow company and request a pre-statement.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_information_is_included_in_a_pre-statement\"><\/span>What information is included in a pre-statement?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A pre-statement typically includes details of the sales price, loan amount, closing costs, escrow fees, title charges, and any other expenses related to the transaction.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_a_pre-statement_legally_binding\"><\/span>Is a pre-statement legally binding?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A pre-statement is not legally binding and is subject to change based on the final figures at closing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_negotiate_the_fees_and_charges_in_a_pre-statement\"><\/span>Can I negotiate the fees and charges in a pre-statement?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>You can discuss the fees and charges with your escrow officer or real estate agent to see if there is room for negotiation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_accurate_is_a_pre-statement\"><\/span>How accurate is a pre-statement?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>While a pre-statement provides an estimate of costs, fees, and charges, the final figures may vary slightly at closing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_should_I_expect_to_receive_a_pre-statement\"><\/span>When should I expect to receive a pre-statement?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Typically, you should receive a pre-statement shortly after opening escrow and before the actual closing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_should_I_do_if_there_are_discrepancies_in_the_pre-statement\"><\/span>What should I do if there are discrepancies in the pre-statement?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>If you notice any discrepancies in the pre-statement, make sure to bring them to the attention of your escrow officer or real estate agent for clarification.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_request_multiple_pre-statements_if_needed\"><\/span>Can I request multiple pre-statements if needed?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, you can request multiple pre-statements from the escrow company if needed to ensure accuracy and clarity in the financial aspects of the transaction.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_a_pre-statement_only_provided_to_buyers\"><\/span>Is a pre-statement only provided to buyers?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>No, a pre-statement is provided to both buyers and sellers involved in the real estate transaction to give them a clear overview of the financial implications.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Are_there_any_fees_associated_with_requesting_a_pre-statement\"><\/span>Are there any fees associated with requesting a pre-statement?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>There may be a nominal fee associated with requesting a pre-statement from the escrow company, so it is important to inquire about any potential charges beforehand.<\/p>\n<p>In conclusion, requesting a pre-statement from escrow can help you better understand the financial aspects of your real estate transaction and ensure a smooth closing process. Don&#8217;t hesitate to reach out to your escrow officer or company if you have any questions or concerns about the pre-statement provided.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Can I ask escrow to send me a pre-statement? Yes, you can ask escrow to send you a pre-statement. It is a common practice for escrow companies to provide customers with a pre-statement before the actual closing. When you are in the process of buying or selling a property, escrow plays a crucial role in &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Can I ask escrow to send me a pre-statement?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/can-i-ask-escrow-to-send-me-a-pre-statement\/#more-242018\">Read more<span class=\"screen-reader-text\">Can I ask escrow to send me a pre-statement?<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-242018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Can I ask escrow to send me a pre-statement?<\/title>\n<meta name=\"description\" content=\"Can I ask escrow to send me a pre-statement? 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Yes, you can ask escrow to send you a pre-statement. 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