HUD-1 Contents?

Comments(10)

• 
  bgrossnickle14th January, 2004

  Does any one have an Excel spreadsheet they can share that will create the numbers based on the various input? Even if it is half baked, starting with something is at least a start.
  
  email me if you have something
  
  Brenda
  **Please See My Profile**

• 
  TheShortSalePro14th January, 2004

  Try these:
  
  http://www.lightning-mortgage.com/HUD1Explained.htm
  
  http://www.hudclips.org/sub_nonhud/html/forms.htm

• 
  martin1g14th January, 2004

  Shortsale Pro, thanks so much! That's incredibly helpful!
  
  Do you know if the forms at HUDCLIPS will create the numbers based on the various inputs?
  
  Martin

• 
  TheShortSalePro14th January, 2004

  I've no idea. I do know that many costs are state specific...
  
  You should at least get a list of typical closing expenses from a local real estate broker or mortgage broker... and then you can begin completing the estimated 1.
  
  I know that HUDCLIPs may be free for a while, then they charge, while the site I provided is a free.
  
  I have a problem with Sites that ask you to provide, in essence, the location of your deal. Even these sites that provide free comparable market data.
  
  Someone could be sitting there and say, "Something is going on at such and such an address.... let's beat them to it."
  
  Afterall, this is the information age. Information is power. Power corrupts.

• 
  BAMZ14th January, 2004

  Hi martin1g,
  
  If you want an automated way to complete a HUD, go to
  
  www.easyhud.com
  
  For a fee of about $10 bucks, this web site will do what you are looking for!
  
  Best of Success!
  
  BAMZ

• 
  mcldavid15th January, 2004

  would it help any one to look at an actual HUD-1 (prepared by Fidelity Nat. Title) ?
  mcldavid

• 
  martin1g15th January, 2004

  Yes it would!
  
  Can you tell us how we can access the completed form you're referring to?

• 
  mcldavid15th January, 2004

  I could fax it

• 
  martin1g15th January, 2004

  That would be great. Go ahead and fax to 775-295-0957

• 
  tinman175515th January, 2004

  They following are standard costs on a HUD-I:
  1) DOC PREP FEE: $75.00
  2) NOTARY FEE: $15.00
  3) TITLE EXAM: $150.00-$225.00
  4) TAX CERTS $62.00
  5) TITLE INSURANCE: PRORATED ON COVERAGE AMOUNT
  6) ENDORSEMENTS: REQUIRED FROM BANK USUALLY $50.00-$200.00
  7)SETTLEMENT FEE: $100-$300.00 (SOMETIMES CALLED ATTORNEY FEE
  CLOSING PROTECTION LETTER: REQUIRED IF NOT PAYING CASH BY LENDER
  9) LENDER FEE IF NOT PAYING CASH
  10) LIEN LETTER FEE: SET BY MUNICIPALITIY WHERE PROPERTY IS LOCATED
  THESE ARE THE STANDARD FEES