P: 407.401.8506

F: 407.332.8979

317 Northlake Blvd, Ste. 1000

Altamonte Springs, Florida 32701

TITLE FAQ's

What is a HUD-1 Settlement Statement?

This is a summary of the financial portion of the real estate transaction. The title company or closing agent is required by the Department of Housing & Urban Development to use the HUD-1 on virtually all one-family to four-family residential real estate transactions involving a lender. The statement will list the purchase price, loan amount, closing costs for the buyer and seller, and will show all sums being charged and disbursed to the parties involved. It also clearly summarizes the total amount due from the purchaser.

HOME | SERVICES | PRELIMINARY HUD | TITLE FAQ'S | HELPFUL LINKS | COMPANY PROFILE | CONTACT US

Phone: (407) 401.8506 | Fax: (407) 332.8979

All contents © Absolute Title of Central Florida, Inc. 2011. All Rights Reserved.