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?
I'm getting mine tuesday, and im scheduled to close wednesday.
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?
I'm having to bring 81,000 dollars to closing with me...so a HUD before we goto the table is kinda needed.
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.