The U.S. Department of Housing and Urban Development (HUD) has created a variety of standardized forms for use in certain mortgage transactions and HUD programs. One common HUD form is the HUD-1 ...
Q: I paid $160,000 for a condominium recently. On the HUD-1 statement, the sales price was listed as $160,000 but there was also a cost of $30,000 that I had to pay. This was a short sale. I would ...
What is a HUD-1 statement? A HUD-1 Statement is a list broken down item by item of all seller and buyer costs incurred during a consumer credit mortgage transaction. Both creditors and closing agents ...
*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. The U.S. Department of Housing and Urban Development (HUD) has created a variety of standardized forms for use in certain ...
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