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Updated almost 11 years ago,
Question about HUD
Hello, I would appreciate if someone helps me understand this part of the HUD.
I'm selling my house. In the part of the HUD "Adjustments for items unpaid by seller" says on line "511 County taxes" that I have to pay $403 for 3 months of taxes
Then on line "211 County taxes" they deduct to buyer the same amount of taxes, but he is not paying that amount right now, I am the one who pays... I understand that is done this way because he will pay for me that amount in the future...
Question:
Should the homestead exemption for this year take into account to calculate the amount that I have to pay for those 3 months?
Thanks