Why leave the settlement statement to the seller?
The seller typically prepares post-closing adjustments. But do they conduct a detailed review of supporting data? Not likely. We do. An independent, buy-side final settlement statement review is where we find inaccuracies and costs inappropriately passed to the buyer. Even better: the seller acceptance rate for our findings is higher than 90%.
Do final settlement reviews deliver hard-dollar results?
Yes. Well, ours do. Our final settlement statement reviews identify findings within 1% to 4% of reviewed transactions. One way is by meticulously verifying the date each service was performed, rather than the invoice date or accounting month. Specifying service dates is a manual task. It’s time-consuming. But it pays off.
It’s in the details. What our post-closing review covers.
A laser focus on the source data for transactions is what takes our final settlement statement reviews to another level. Our post-closing review will ensure that:
- Expenditures incurred prior to the effective date are for seller’s account.
- Revenues after the effective date are for buyer’s account.
- Annual costs are pro-rated properly between buyer and seller.
- Corporate costs not specific to the sold property remain seller’s responsibility.
- Transition period fees are charged accurately.
Do you want to maximize the value of your acquisition? Our Final Settlement Statement Review guarantees savings.