Calculating the Amount You Need at Settlement The first page of the HUD-1 Settlement Statement summarizes all the costs and adjustments for the borrower and seller. Section J is the summary of the borrower’s transaction and Section K is the summary of the seller’s side of the transaction. You may [...]
Adjustments to Costs Shared by Buyer and Seller At settlement it is usually necessary to make an adjustment between buyer and seller for property taxes and other expenses. The adjustments between buyer and seller are shown in Sections J and K of the HUD-1 Settlement Statement. In the example given [...]
Be sure you’re walking away with all the money you’re entitled to from the sale of your home. 1. Take services out of your name Avoid a dispute with the buyers after closing over things like fees for the cable service you forgot to discontinue. Contact every utility and service [...]
Copyright © 2013 Miami Home Sold Prices Selling Tips. All Rights Reserved.
Email
Follow us on Twitter
Facebook
LinkedIn
Flickr Photos 
YouTube