Wednesday, January 13, 2010

What's the buzz about the new HUD 1 statement?

Beginning January 1, 2010, all real estate transactions that require a HUD 1 settlement statement will be using the new forms which have big changes relating to the lenders and the GFE - (Good Faith Estimate). Take some time to watch this video to understand this a bit better.



We at Ticor have taken a proactive approach to these changes by working to educate the real estate community through live presentations. This helps our clients manage expectations for their buyers and sellers.

Call me for your next real estate transaction.