A settlement agent, or closing agent, will prepare a HUD-1 settlement statement at the closing of a real estate loan. The final version will explicitly state all costs involved with the real estate loan and to whom the individual charges and fees will be paid to.
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Where can I find filings of HUD-1 statements? Ask Question Asked 1 year, 11 months ago.. If I needed a HUD-1 form from 15 years ago, I wouldn’t ask the real estate agent, I would ask the settlement company. They might have a copy of the paperwork. They might have to retrieve it from an.
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The HUD-1 form is the final settlement statement in a real estate transaction. It discloses the purchase price and all income and disbursement made through escrow. When a real estate closes, a certified HUD-1 is sent to all parties in the transaction, including the buyers and sellers.
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A HUD-1 is only used for a mortgage or home loan of some sort. If the condo is paid off, then your son should have been sent a lien release showing that the mortgage company no longer has a financial interest in the property.
Start with your title agent, then your real estate agent and finally your mortgage lender. If you strike out there, you could try the seller or the seller’s attorney. If you are one of my customers, I will ask for a written request and upon receipt, I will e-mail or fax the HUD-1 to you within one business day.
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The HUD-1 Settlement Statement was a document that outlined home loan terms. It was replaced by the Closing Disclosure form as of October, 2015, under the administration of the Consumer Financial Protection Bureau.