Posts Tagged ‘settlement statement explained’

Must Know – Home Buyers & Sellers: Demystifying HUD-1 Final Settlement Statement – II

In the last part we looked at the HUD-1 statement Buyer section in detail. Similarly let’s look at Page-1 right side, Seller breakdown for Seller’s perspective: 1S – This section represents the amount which seller should receive from this transaction which are paid by the buyer. 1.1S – This section represents all credits to Seller […]

About Vijaianand Thirnageswaram

I am a Proud Realtor of Texas, trying to guide and help clients to find their dream home and educate them to buy them for right price. I am also a Candidate for CFP who has more financial knowledge which allows me share and educate clients in any financial decision making process.

Must Know – Home Buyers & Sellers: Demystifying HUD-1 Final Settlement Statement – I – Buyers Section

Any Home transaction will never be complete without HUD-1 Final Settlement Statement whether you are buyer or seller especially if lender is involved. The HUD-1 is required under Section 4 of RESPA and Regulation X of the Department of Housing and Urban Development (24 CFR part 3500). The HUD-1 is to be used as a […]

About Vijaianand Thirnageswaram

I am a Proud Realtor of Texas, trying to guide and help clients to find their dream home and educate them to buy them for right price. I am also a Candidate for CFP who has more financial knowledge which allows me share and educate clients in any financial decision making process.