What Does My Short Sale HUD1 Look Like?
Guys and gals, I had the title company draw up an example HUD1 for a short sale flip and put the stamp you guys have heard me talk about before on it to show you what that looks like. The names, addresses and $ amount may all be real but they were just thrown together on a HUD for example purposes only.
You can take this and show your title company. Besides all the disclosures that are already made. This is the final HUD1 that gets the stamp that the lender must approve. So, even at the very last moment, we are still making sure we're disclosing one last time to cover our butts.
Check it out, lemme know what you think.
Most Popular Reply
NIck, that's a great idea! Always looking to add as much disclosure as possible. I find it very hard for a lender to come back with fraud with that being added to the final hud for approval. Will be implementing that immediately!