02-16-2013 02:57 PM
Hello there. JM or DallasGuy or anyone else, I'm looking for some guidance. I'm scheduled to close on Thursday 2-22 after I complete my walk through. From what I've read online most buyers are given the HUD-1 statement at least 24hrs before closing in order to review it. My agent has asked the title company rep to send us the HUD-1 24hrs before closing, but my agent told me that it's not standard practice in the industry. I would like to know what my final setttlement costs are at least 2 to 3 days before closing so that I don't walk in suprised having to pay way more than expected.
Can someone tell what would constitute good business practices in terms of providing the buyer with the HUD-1 statement?
02-16-2013 04:19 PM
02-16-2013 04:22 PM
I didn't get mines until I arrived at closing because I was on a very short timetable and everything was rushed but the title company rep spent a good time explaining it to me. Usually, you get it 24 hours before closing.
Did you have to bring any money to the table with you?
02-16-2013 04:50 PM
02-16-2013 05:02 PM
I'm having to bring 81,000 dollars to closing with me...so a HUD before we goto the table is kinda needed.
02-16-2013 07:29 PM
02-16-2013 07:29 PM
Thanks guys. I have to bring $2k to the table and I know that some numbers can change, but I'd like to not be caught off guard with some obscene change in the numbers.
02-16-2013 07:47 PM
02-16-2013 07:52 PM
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