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June 29th, 2010
Recently, I was reminded that closing customs & practices can vary tremendously from state to state. While I was reviewing closing documents with buyers relocating from New York, they expressed concerned about signing an “estimated” HUD, and asked when they had to come back in to sign the “final” documents. This couple told me when they [...] June 29th, 2010 | Tags: Buying real estate, closing process, HUD | Category: Escrow | One comment |
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June 17th, 2010
Now that we have all been using the new 2010 HUD for the past few months and are trying to get more comfortable with it, I thought I’d post this FAQ sheet to answer some more questions. This FAQ is designed to make it easier to read the 2010 HUD for transactions in the State of [...] June 17th, 2010 | Tags: closing process, GFE, HUD, Real estate agents | Category: Brokers-Agents, Escrow | Leave a comment |
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April 30th, 2010
How do you really feel about the 2010 HUD? Have you looked at the 2010 HUD and said to yourself “My commission’s missing” or “This isn’t the total of my lender/mortgage broker fees”? Don’t worry, that’s the way it’s supposed to look. The 2010 HUD is no longer a simple detailed list of anyone’s fees. [...] April 30th, 2010 | Tags: closing process, GFE, HUD, Real estate agents | Category: Brokers-Agents, Escrow | Leave a comment |
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