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HUD Addendum to Uniform Residential Loan Application Part I Identifying Information OMB Approval No. HUD: 25020059 (exp. 12/31/2023)Mortgagee Case No. FHA Case No. (include any suffix)HUD/FHA Application
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How to fill out addendum to hud-1 settlement
How to fill out addendum to hud-1 settlement
01
Obtain a blank addendum to HUD-1 settlement form.
02
Fill out the details of the property address and buyer/seller information.
03
Include any additional terms or modifications to the original HUD-1 settlement statement.
04
Sign and date the addendum, making sure all parties involved also sign.
05
Attach the completed addendum to the original HUD-1 settlement statement.
Who needs addendum to hud-1 settlement?
01
Buyers or sellers who wish to make changes or add terms to the original HUD-1 settlement statement may need an addendum.
02
Real estate agents or attorneys involved in the transaction may also use addendum to formalize any modifications.
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What is addendum to hud-1 settlement?
The addendum to hud-1 settlement is a supplemental document that provides additional details and information related to a real estate transaction, typically used to amend or clarify the original HUD-1 Settlement Statement.
Who is required to file addendum to hud-1 settlement?
The addendum to hud-1 settlement is typically filed by the party responsible for preparing the HUD-1 Settlement Statement, such as the closing agent or real estate attorney.
How to fill out addendum to hud-1 settlement?
The addendum to hud-1 settlement should be filled out with accurate and detailed information related to the real estate transaction, including any amendments or corrections to the original HUD-1 Settlement Statement.
What is the purpose of addendum to hud-1 settlement?
The purpose of the addendum to hud-1 settlement is to provide additional information and clarity to the original HUD-1 Settlement Statement, ensuring that all parties involved in the real estate transaction have a complete and accurate understanding of the financial details.
What information must be reported on addendum to hud-1 settlement?
The addendum to hud-1 settlement may include information such as corrections to the original HUD-1 Settlement Statement, additional fees or credits related to the transaction, or any other details that need to be documented.
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