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When you close on the home
you're buying, you will sign the
HUD-1 Settlement. This two-page
form lists the closing costs for
all of the items paid by you and
the seller.
Each page has a seller's column
and a buyer's column. The first
page is a summary of the
transaction. It takes items
charged to you and subtracts
items which are credits. The
result will be the cash you
should bring to closing in the
form of a cashier's check. The
last line of page two (Item
1400) lists the total settlement
charges for you and the seller.
The seller's summary takes the
items that the seller should be
receiving and subtracts the
charges. The difference is the
amount of money that the seller
will net at closing.
HUD
Toll-Free Numbers
Contact
Me
I can help you with every
aspect of buying or selling your home because I’m
experienced, because I am a Better Homes and Gardens
Rand Realty Real Estate Professional . . .and because I
care.
As
your
Better
Homes
and
Gardens
Rand
Realty
Sales
Professional,
I
will
provide
you
with
the
information
you
need
to
make
an
educated
decision.
The relationship between a home buyer or seller and their agent is based on trust, shared goals and understanding. I strive to continually improve and to do this I listen and take the needs and wants into consideration.
For assistance with any of your real estate needs, please contact me, whether it's to get started on helping you realize your goals and dreams, or just to ask a question - no pressure, no hassle, no obligation - just a friendly conversation. I would welcome the opportunity to make a difference for you. |