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Mortgage Professor about Simultaneous Closing and Double Closing and real estate: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
HUD's Proposals For Reform
October 19, 2002 On July 29, 2002, HUD released a set of proposals to substantially change the ways in which home loans are originated in the US. As usual, the proposals were open for comment, and many thousands of them were received. Mine was among them, and is shown ... more... Mortgage Closing Date: Does it Matter? September 19, 2001, Revised December 17, 2003, Revised August 2, 2004 "We purchased a home that should be completed in late July. A friend said that it would it be advantageous to close in early August as ... more... |
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Simultaneous Closing and Double Closing and real estate related definitions |
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Settlement Statement, HUD-1
Settlement Statement, HUD 1 Document used by the settlement agent to itemize all charges for a real estate transaction, detailing the final financial settlement and costs paid by both buyer and seller of a property. Settlement Statement or closing document required by HUD ... more... Contract Sale, Deed Contract Sale or Deed A contract between purchaser and a seller of real estate to convey title after certain conditions have been met. It is a form of installment sale. ... more... |
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