TRID Closing Disclosure:

Sales Price v. Estimated Property Value v. Appraised Property Value

Page one of the TRID Closing Disclosure provides a lot of different information about a loan transaction.  When it comes to the Closing Information section (top, left-hand side) there is a field where you are required to enter either the “Sales Price”, the “Estimated Property Value” OR the “Appraised Property Value”.  So, which one do you disclose? 

When it comes to TRID closing disclosure, the answer is, it depends on a variety of factors.

Find all your TRID Resources HERE!

Jerod explains more about TRID in the video below!

Published
2021/03/29

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