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Previous editions are obsolete form HUD1 (3/86) ref Handbook 4305.2 A. Settlement Statement ESTIMATED U.S. Department of Housing and Urban Development OMB No. 25020265 (expires 11/30/2009) B. TYPE
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How to fill out form hud1 386 ref
How to fill out form HUD-1 386 ref:
01
Begin by carefully reading the instructions provided with the form HUD-1 386 ref. This will ensure that you understand the requirements and can accurately fill out the form.
02
Provide the necessary identifying information on the form, such as your name, address, and the date of the transaction.
03
Include the details of the real estate transaction for which the form is being filled out. This may include the property address, purchase price, and the name of the buyer and seller.
04
Complete the sections related to loan information, such as the name of the lender, loan amount, and interest rate.
05
Include any details regarding prorated items, such as property taxes and homeowner's insurance. This may require you to calculate prorations based on the closing date.
06
Ensure accurate calculations of all financial amounts, such as the total of payments, adjustments, and cash at closing.
07
Sign and date the completed form.
08
Submit the form to the appropriate party, such as the lender or settlement agent.
Who needs form HUD-1 386 ref:
01
Individuals involved in real estate transactions, such as homebuyers and sellers, may need form HUD-1 386 ref. This form is used to itemize the costs and expenses associated with the transaction.
02
Lenders may also require the completion of this form to assess the financial aspects of the transaction.
03
Settlement agents or closing agents involved in the real estate transaction may need this form to accurately document and disclose the financial details of the transaction.
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What is form HUD-1 386 ref?
Form HUD-1 386 ref is a form used for reporting real estate transactions.
Who is required to file form HUD-1 386 ref?
The buyer, seller, and/or lender involved in the real estate transaction are required to file form HUD-1 386 ref.
How to fill out form HUD-1 386 ref?
Form HUD-1 386 ref can be filled out by providing details of the real estate transaction, including purchase price, closing costs, and any other relevant information.
What is the purpose of form HUD-1 386 ref?
The purpose of form HUD-1 386 ref is to provide a detailed breakdown of the financial aspects of a real estate transaction.
What information must be reported on form HUD-1 386 ref?
Information such as the purchase price, closing costs, loan amount, and details of any other financial transactions related to the real estate deal must be reported on form HUD-1 386 ref.
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