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Updated over 7 years ago on . Most recent reply
sellerside only HUD 1
If a seller may have a problem with me making a few dollars on a deal it could get unprofessional. I would like to assure that this does not happen so I am thinking of using a Sellerside only hud-1 are you familiar with the process
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Greg Scott
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Greg Scott
#3 General Real Estate Investing Contributor
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I'm not familiar with this variant, but I do know that the HUD-1 form was discontinued a few years ago. All my closing docs now use a Closing Disclosure and ALTA statement. Are you sure this form is still in use?
If you don't want seller to see your wholesale fee you can always do a double close.