Working On HUD-1

Ruman profile photo

When working on the HUD-1 form, do you just work backwards to determine the purchase price? Example, add together the loan payoffs and other settlement fees then make that your purchase price?

Thanks.

Comments(1)

  • astcptlmgmnt8th November, 2004

    That is one way to do it. You might want to contact a local title co. and ask to speak with a closer. They will be able to give you the variuos ways of arriving at the numbers you need.

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