Filling Out HUD-1 Question

Comments(8)

• 
  BAMZ2nd November, 2003

  Hi Swetbak,
  
  You can place your own name or your entity on the HUD-1. If you are doing deals in your own name, use your own name. If you start using a corporation, go ahead and use it.
  
  I have heard people say that banks dont like to work with investors, but I have never come across that problem. If there is a foreclosure and you can prove to the bank that you have the dollars to close the deal, and that it is in their best interest to sell to you, the chances are great that they will.
  
  Best of Success!
  
  BAMZ
  
  [addsig]

• 
  swetbak2nd November, 2003

  BAMZ,
  Thanks for confirming my thoughts.
  [addsig]

• 
  InActive_Account9th November, 2003

  Well, it works both ways. Some lenders don't care who's on the HUD-1. They just want to unload the property.
  
  Other have the mindset that if an investor wants it ---there muct be more money to squeeze out of the deal.

• 
  swetbak9th November, 2003

  Thanks for your input Sammy.
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• 
  EvaCruz1st December, 2003

  Hello does anyone happen to have a completed sample of a Hud 1 form. I am really having problems with fill in the information.

• 
  swetbak1st December, 2003

  PM me with an email address that let's you accept attachments and I'll send you one.
  
  Quote:
  On 2003-12-01 09:05, EvaCruz wrote:
  <IMG SRC="images/forum/smilies/icon_rolleyes.gif"> Hello does anyone happen to have a completed sample of a Hud 1 form. I am really having problems with fill in the information.
  [addsig]

• 
  joel1st December, 2003

  http://www.lightning-mortgage.com/HUD1Explained.htm

• 
  BAMZ2nd December, 2003

  Hi Joel,
  
  When do you expect the Hud-1 Generating tool to be up on this site?
  
  BAMZ