SELLER CREDIT AT CLOSING

Author Message
Icon Mini Profile xmljar




Joined: 08 Apr 2007

Posts: 14

9.72 Dollars($)
PostPosted: Fri Jun 29, 2007 12:12 pm    Post subject: SELLER CREDIT AT CLOSING

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

Guest






PostPosted: Fri Jun 29, 2007 1:20 pm    Post subject:

These will be listed in the settlement charges section on HUD-1 statement under the heading - Paid from seller's funds at settlement.

Thanks
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Ask Questions
Community Experts
Cliff Pape - market Analyst Cliff Pape
Market Analyst
Houston, Texas







Highlights
Related Readings
Bankruptcy
Mortgage Loan Modification
Mortgage after foreclosure
Avoid Foreclosure


Helpful References
Mortgage Terms
Mortgage News
Book Center
Mortgage Guide
Shop and Compare lenders


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool






DebtConsolidationCare    Insurance community: We Make You Insurance Smart    CreditMagic: Helping you build up credit


We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0