Commercial Real Estate Closing Lawyer WestchesterReal Estate Closing TipsClosing Made Easy
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There are certain things that you need to get before your closing. Make sure you have received a Good Faith Estimate of Closing Costs and a HUD-1 Statement. The mortgage bank also is under and obligation to give you a complete explanation of fees. Don't even know what a HUD-1 statement is? Read on. The HUD-1 Form provides you an accounting of the purchase transactions. The Federal Government requires that your lender provide you with this form. The HUD-1 Settlement Statement provides a complete financial picture of the closing. It should show all funds that go into or out of the settlement. You're entitled to this information. Insist on it.
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Commercial Real Estate Closing Lawyer Westchester
Friday, November 21, 2008 |
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