Greg Fend
Knowing when to cut your losses?
29 June 2013 | 33 replies
It was stated as such on the Settlement Statement.
Amy Davidson
every dollar counts -- saving 143 of them!
5 July 2013 | 7 replies
And I'll definitely be checking the nickels and dimes on my settlement statement from now on!
Stacy Hannaford
HUBZU-Title Issues
13 February 2016 | 18 replies
I have purchased several properties, was suppose to settle December 17th they extended it to January 8th, they are a large group and they outsource to other people to handle the in between.Just need to stay on top before and after settlement and look at your settlement statement in advance make sure fee's are in line.
Paul Simpson
How many contracts needed for a wholesale?
1 July 2013 | 7 replies
Although what has happened will likely become clear when final settlement comes
Adam K.
Appraisal fees - way higher than GFE
28 June 2013 | 2 replies
I just got my settlement statement (HUD-1) today and the appraisal fee is listed at $635!
Wes Brumit
Bidding on HUD homes
19 December 2014 | 40 replies
One asset manager requires the listing agent to attend settlement, another does not.One asset manager requires all investor deals to settle in 30 days, owner occupants in 45 days, while another will allow investor financed deals to settle in 45 days.One asset manager requires deposits to be cashiers checks only, another asset manager will accept broker escrow checks.All of the ones that I have dealt with require the contract in 48 hours after acceptance, but don't count Sat, Sun or holidays.Usually for the first 30 days the bidding is only open to owner occupants.I haven't seen this recently but HUD used to given owner occupants preference even after the 30 days, and I have seen where they have accepted owner occupied financed offer for a much lower price than an investor all cash offer at a higher price.Been working HUD's since 1986, so we've seen quite a few different rules changes over the years.
Lee G.
Buyer Default on Purchase but Asking for More Time
1 July 2013 | 5 replies
They knew on Monday they weren't going to make settlement thus week.
Andrew B.
negotiating with a motivated buyer
2 July 2013 | 7 replies
When the settlement is done the title company mails you your check.
Jessie Martin
Need advice on clearing a title with multiple banks out of business...
8 July 2013 | 10 replies
I am under contract on a short sale with Chase and have a very tight deadline for settlement mandated by the bank.
Jacob Seethaler
Effect to seller credit of Subject To
25 July 2013 | 7 replies
Being a sale you don't need to show the past income as you do with a lease, the sale is shown by the agreements, filed deeds, HUD-1 and settlement.