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SELLER CREDIT AT CLOSING
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Joined: 08 Apr 2007

Posts: 14

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Post Posted: Fri Jun 29, 2007 12:12 pm    Post subject: SELLER CREDIT AT CLOSING
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HI ALL,

QUCIK QUESTION. IF THE SELLER IS PAYING SOME CREDIT TOWARDS CLOSING COSTS, HOW DOES IT APPEAR IN THE CLOSING STATEMENT?

PLS HELP
Phelps

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Post Posted: Fri Jun 29, 2007 1:20 pm    Post subject:
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These will be listed in the settlement charges section on HUD-1 statement under the heading - Paid from seller's funds at settlement.

Thanks
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