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Updated over 1 year ago on . Most recent reply

User Stats

114
Posts
14
Votes
Paul Zofsak
  • Investor
  • Cypress, TX
14
Votes |
114
Posts

HUD1 statement in wholesale deal has blank seller side

Paul Zofsak
  • Investor
  • Cypress, TX
Posted

I have bought several properties in the past but my most recent was my first using a wholesaler. When I received the HUD 1 statement the seller side was completely blank so I have no idea whether or not the credit for property taxes was even given. The way it reads it looks like the property taxes pre sale were added to my side, which I know is normal, but I don't see the credit applied since the seller's side is blank.

My question is, should the seller's side be blank on a wholesale deal, or is something wrong here?

  • Paul Zofsak
  • Loading replies...