06/09/2026
Understanding prorations 💰🏡
Prorations divide expenses between the buyer and seller based on the time each party owns the property.
This ensures fairness for items such as property taxes, HOA fees, or prepaid interest. By calculating prorations at closing, everyone pays their accurate share and there are no surprises after the transaction.
At Sendera Title, we carefully calculate and manage prorations to make sure your closing is precise, fair, and smooth.
Have questions about prorations or your closing statement? Our team is here to help.
www.senderatitle.com