Statement of Adjustments Definition: A statement of adjustments is one of two main statements prepared when you purchase a home, along with the trust ledger statement. This statement gives you an in-depth look at how your financing, or refinancing works through a series of transactions and what you can expect when you sell, buy, or refinance your home.
This report shows you how your money moves around during the process, so you can understand how everything works and how to fund any applicable fees and related expenses.
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