Get Hud Sales Contract Form 9548 Revision - Oforireo.com

Filling out the HUD Sales Contract Form 9548 is a crucial step in the property disposition process managed by the U.S. Department of Housing and Urban Development. This guide provides clear, step-by-step instructions to help users effectively complete the form online, ensuring all necessary details are captured accurately.

Follow the steps to fill out the HUD Sales Contract Form online.

1. Click the ‘Get Form’ button to access the HUD Sales Contract Form 9548, opening it in your chosen digital editor.
2. Remove the instruction sheet from the form and enter the HUD Case Number in the designated box located at the top right corner.
3. In Item 1, type the full names of the purchaser(s) and complete the property's address, including street number, street name, unit number (if applicable), city, county, and state.
4. For Item 2, specify the name(s) and style in which the title will be taken, ensuring it reflects the official identification of the purchaser(s).
5. In Item 3, enter both the bid amount for the property and the earnest money amount already deposited, along with the name of the holder of the earnest money.
6. Item 4 requires you to indicate the type of financing being applied for, including FHA-insured options or conventional methods. Fill in relevant details regarding down payment and mortgage information.
7. For Item 5, specify the estimated amount for financing or closing costs that the seller will bear.
8. Enter the dollar amount that the seller is expected to pay in Item 6, which can include any selling bonuses offered.
9. Calculate the net amount due to the seller in Item 7 by deducting the values entered in Items 5 and 6 from the purchase price stated in Item 3.
10. In Item 8, provide appropriate occupancy information. If not specified, the purchaser will be considered an investor.
11. Continue filling out the form until reaching Item 12, where the purchaser(s) must initial to confirm understanding and agreement with the contract terms.
12. Once all sections are filled out, save changes made to the form. You can also download, print, or share the completed form as necessary.

Start filling out your HUD Sales Contract Form online today to ensure a smooth property transaction process.