When you close on the home you're buying, you will sign the HUD-1 Settlement Statement. 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

-   Buying a home/home improvements
-   Community Improvement
-   Fair Housing Laws/Complaints
-   Programs for Native Americans
-   Policy and Research
-   Publications, Forms, Issuances
-   Fraud, Waste, and Mismanagement
-   Business Partners
-   Other 800 Numbers at HUD
-   Para Informacion en Español
-   Federal Government-National Contact Center - The National Contact Center provides answers to questions about the Federal Government and everday consumer issues. Call
1-800-FED-INFO (1-800-333-4636).
 
To learn more about the HUD-1, go to http://www.hud.gov/offices/hsg/sfh/res/sc3sectd.cfm.
 
For assistance with any of your real estate needs, please contact me by email, phone or visit me at my office, 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.

    

Anthony Stokes Pereira
Office: (845) 770-2188
Cell: (845) 538-7021
Fax: (845) 624-7137
Email: anthony.stokespereira@randrealty.com

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This is intended to be informational only.  The information contained herein does not constitute legal advice

Anthony Stokes Pereira

 

 

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Anthony Stokes-Pereira - Realtor

Nanuet, NY

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Better Homes and Gardens Rand Realty

Address: 95 South Middletown Rd, Nanuet, NY, 10954

Office Phone: (845) 624-8100 x 168

Cell Phone: (845) 538-7021

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This blog is dedicated to the Rockland County, NY. Real Estate Market. My Real Estate Blog provides fresh perspective on our market activity. Real Estate is not just about selling or buying properties; it is about communities, people and families. I go above and beyond what is traditionally expected of a REALTOR. I am your source to Rockland County NY Real Estate information. Traditionally, REALTORS were always the people to ask about what was happening in a particular community, since REALTORS are intimately involved in the places they live and work. I love our communities I love the villages, the towns, the schools, the restaurants, the parks, the people! And I know what's going on, because I am connected to the people and places in the communities I serve. So I would like to be your resource for real estate and community information. I will be posting my own analysis of the local real estate market, based on my expertise and experience in these markets, and I'll also be posting information and analysis of local events and happenings. Remember: The relationship between a home buyer or seller and their Realtor 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.


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