I had my first closing with the new HUD1 form and it sure was different! Even the paralegals are having issues with the software. Luckily for me and my client, I was diligent in reviewing every line and now I feel like I have a better understanding. I still fail to see how this improves anything for our clients. I represented the seller and on the third page of the HUD was all of the buyers loan information and that seems like it should be private information? I am sure we will continue to see many changes along the way this year as they work out the "bugs"!
 |
|
|
Spartanburg Realtor who specializes in representing both residential buyers and sellers. Top areas represented are Boiling Springs, Inman, Chesnee, Moore, Duncan, Spartanburg, Campobello and Landrum.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2012 ActiveRain Corp. All Rights Reserved
