hud1: Understanding The New HUD - 03/03/10 09:37 AM
The HUD-1 Settlement Statement (HUD-1) is a form that lists all the charges and credits to the seller and borrower in a transaction. You have the right under RESPA (Real Estate Settlement Procedures Act) to inspect the  HUD-1 Settlement Statement before settlement occurs. The new booklet from the US Department of Housing and Urban Development helps guide you through this extensive form.
For Sellers, some highlights include,
Purchasing Time-line Negotiating the Terms of the Sales Agreement Understanding which charges can change at settlement Line by line explanation of the entire form Click here for a FREE download of the complete report.
Cheryl Ashurst, … (0 comments)

 
Cheryl Ashurst (RE/MAX Properties II - Montgomery, AL)

Cheryl Ashurst

Montgomery, AL

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RE/MAX Properties II - Montgomery, AL

Address: 699 Summit Parkway, Prattville, AL, 36066

Mobile: (334) 224-8222

Fax: (334) 279-4838

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