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Get Your Settlement And Hud-1 - Hud
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How to use or fill out the Your Settlement And HUD-1 - Hud online
Filling out the Your Settlement And HUD-1 - Hud form is an essential step in the home-buying process. This guide will walk you through each section and field of the form, ensuring you understand the information required and how to complete it accurately.
Follow the steps to fill out your settlement and HUD-1 form online:
- Press the ‘Get Form’ button to obtain the form and open it in your editor.
- Begin with the header section by entering your name, property address, and the date.
- In the 100 series section, enter the contract sales price (Line 101) and any other necessary items regarding the transaction.
- In the 200 series, list the items for which you are receiving credits, including any earnest money deposits and adjustments.
- Navigate to the 700 series, where all real estate broker fees will be summarized, ensuring accurate entries.
- Proceed to the 800 series for loan-related costs, entering details from the Good Faith Estimate for items like origination charges and any third-party fees.
- Complete the 900 series which covers prepaid items and government charges that are required to be paid at settlement.
- Review the 1000 series, ensuring that amounts deposited into your escrow account are correctly calculated.
- Fill out the 1100 series, detailing the title charges associated with your transaction.
- Check the 1200 series for government recording and transfer charges to ensure all necessary fees are included.
- Finalize with the 1300 series for any additional charges related to your settlement.
- Once all information is completed, review the entire form, making sure all entries are accurate before saving or printing the form.
Complete your documents online to ensure a smooth home-buying process.
Related links form
Three companies may have copies of it: the bank, the Title Company (aka settlement company), and perhaps the real estate agent. The bank (assuming you had a mortgage) is usually the easiest one to contact, as you're probably still making payments to them.
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