HUD 1

I am new and trying to learn, could somebody tell me what a HUD 1 is?

Thanks in Advance.

Comments(2)

  • cdkerr14th December, 2004

    A document prepared by a closing agent describing a real estate transaction, including the escrow deposits for taxes, commissions, loan fees, points, hazard insurance, and mortgage insurance. also called closing statement or settlement sheet.

  • gatorx6th December, 2004

    Thank you, I was thinking that it had to do with buying a HUD property.

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