For every federally related mortgage transaction, a HUD-1 Form must be filed. The HUD-1 Form lists a complete accounting of the purchase transactions. Below you will find a complete explanation of the HUD-1 Form along with a downloadable version of the form. Click this link to download the HUD 1 Form. 

http://170.97.67.13/offices/adm/hudclips/forms/files/1.pdf 

Calculating the Amount Borrower Needs at Settlement  

The first page of the HUD-1 Settlement Statement summarizes all the costs and adjustments for the borrower and seller. Section J is the summary of the borrower’s transaction and Section K is the summary of the seller’s side of the transaction. You may receive a copy of the seller’s side, but it is not required.

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Selling Your Home in a Declining Market? The Race is to The Swift
If you're chasing the market down, chances are you'll never catch it. The trick to pricing a home for sale is to race the market down. 1 Vote(s)

'Life estate' doesn't prevent selling a house

Newsday - Long Island,NY,USA
 a reader asked if he should sell his mom's home to pay for her assisted living expenses. He owned the house, but his mom had retained a life Read more

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Average Time To Sell A Portland Home

blog- By Salvador Del Cid(Salvador Del Cid)
When it comes to selling a Portland area home, properties in inner city Portland make up three of the top four fastest places. Here are the average market times, days on the market (DOM), that it’s currently taking to sell a home in …

Housing bailout: winners and losers

CNNMoney.com - USA
But if a bank has to go to court to foreclose on a house, evicts the owners and then has to sell the property at a distressed price, it would have to accept Read more

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Know value before selling
GoErie.com - Erie,PA,USA
Consider what you can handle. "What are you looking for? Is it going to bother you to have an estate sale and have people walking through your home?"

Ask Us: Selling a home off the market

Blog - By thefrontsteps
But the clients need to be counseled that there is no true “market price” when a home is sold this way. You can comp it and appraise it all you want, but the truth is, multiple offers are still a possibility on almost every listing (if . Read more

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Truth About Home Prices

Blog - Hartford Courant - United States
Another factor that can skew the data is simply that more expensive homes are selling. For example, if Fairfield County records a gain in the number of $1..

Fast home sales require attention to pricing and promotion

Blog - San Francisco Chronicle - CA, USA
That's what it takes to sell a home fast in today's market. For sellers, faster is better because the last thing you want is for a potential buyer to walk. Read more

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7 Tips to Make Sure the Price is Right
Blog: By searchsahomes
Are you competing against a flood of new houses from builders eager to sell, or are you selling a newer home in an area where most of the housing stock is older? 3. Ask the professionals. When you interview real estate agents,

Buying or Selling Real Estate

Blog - By Angel(Angel)
If you are selling a home, they can assist with the preparation, marketing, price and inspection negotiation with the ultimate goal of selling your house in as little time as possible at the highest price. Her Seller Services will Read more

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Not your average housing bubble

By Jessica Swesey
… tip to WSJ's Development Blog) examines what it calls a "generational housing bubble" that the authors say could wreak havoc on the housing stock when baby boomers shift out of home buying mode and mainly into home selling mode. …

Are Homeowners Gamblers? 5 Tips For a Cure

By Millionaire Mommy Next Door
"We're selling extreme-ego, look-at-me types of homes." Although house prices recently exploded, they have increased only slightly faster than inflation since the 1890s, concluded a study by Yale economist Robert Shiller. … Read more

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Weak home pricing follows sales slumps like ‘07
By Jon Lansner
Since 1988, OC home selling prices have averaged 6.9% annual gains. Here’s how the past decade shaped up, by annual change in sales and price. Double-digit sales drops are in bold.. Read more

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I talked about the benefits of not using real estate agents to do short sale for you to stop home foreclosure in my previous blog. If you feel that you do need a real estate agent to help you, then you should select a right one. Here is how you should select your real estate agent to the do short sale for you.

1. Interview several real estate agents and see if they have any experience of short sale. Pick those who have done the short sale successfully before.

2. Then, ask if they are willing to accept smaller commission than normal situation they would get. Pick the one who has done short sales successfully before and also willing to accept smaller commission. Read more

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You have done every thing possible to save your foreclosing home, but failed to do so. Now, your only hope is to stop foreclosure so you don't have to stain or ruin your credit completely. So you decide to do a short sale to stop the foreclosure. You sign an agreement with a real estate agent and also agree to let the real estate agent to help you to do a short sale. Will this real estate agent help you or hurt your short sale.

My answer to you is that most likely, the real estate agent will ruin your short sale and your goal to stop the foreclosure will not be reached.

I am licensed real estate agent and also a real estate investor who has been buying properties through short sales. My experience tells me that majority of real estate agent will ruin your short sale rather than help you. Here are the reasons why some real estate agents will ruin your short sale. Read more

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