Slated to begin August 1, 2015, two new forms, a Loan Estimate and a Closing Disclosure, will replace the HUD-1 Settlement Statement, the Good Faith Estimate, and the Truth-in-Lending disclosure form. 112 more words
Tags » Settlement Statement
Be sure you’re walking away with all the money you’re entitled to from the sale of your home.
When you’re ready to close on the sale of your home and move to your new home, you may be so close to the finish line that you coast, thinking there’s nothing left for you to do. 527 more words
One of the biggest mistakes people make when trying to figure out Title/Settlement related closing costs is to just ask, “What is your Settlement Fee?” That only tells a small part of the story in line 1102 of the HUD, and more often than not gives a false impression what the actual closing costs are. 450 more words
Congrats if you bought or refinanced a home in 2013! You were able to take advantage of historically low interest rates and get more house for your money. 364 more words
The Consumer Financial Protection Bureau submitted the much-awaited proposed rule revamping the current GFE/TIL disclosure and HUD-1 settlement statements. The rule will be published in the… 624 more words