The HUD-1 lays out everything that is going to go into the final, legal exchange of the property. Buyers need to understand how to read it and recognize if a mistake has been made.
Austin, TX (PRWEB) January 28, 2012
Homes.org has just announced the publication of the latest addition to their fast-growing real estate website. The new HUD-1 Guides feature up-to-date information on what buyer's need to know about this all-important closing document. Guides are broken down section by section to provide in-depth coverage of what goes into the HUD-1.
The guides were developed using information supplied by active real estate professionals and serves to walk buyers through the HUD-1 step-by-step. "The HUD-1 is just as important as the sales contract that establishes the real estate transaction," says Ace Elliott, Editorial Director of Homes.org who was previously a licensed Realtor® in the state of Texas. "The HUD-1 lays out everything that is going to go into the final, legal exchange of the property. Buyers need to understand how to read it and recognize if a mistake has been made."
Buyers can find a guide for each page of the HUD-1 with explanations, definitions and directions as to what to do when you get the HUD-1 and how to handle any mistakes that may have been made within the document. In addition, there are also resources with information on the closing costs that are outlined in the HUD-1 document and why these costs may vary.
To view the HUD-1 guides, the entire real estate resources section or for more information about the website, please visit: Homes.org
Homes.org is a fast growing real estate search portal that offers users much more than MLS listings. Homes.org gives users access to a rich collection of resources, including but not limited to, real estate listings, home owner finance tools and home service tools. Homes.org brings buyers, sellers and renters important information about the current markets and intelligent tools by partnering with real estate professionals from around the country. Homes.org is a subsidiary of Star Nine Ventures, Inc. headquartered in Austin, TX.
About Star Nine Ventures®
Star Nine Ventures® is an Austin-based, marketing-driven venture creation company targeting a wide range of national business-to-consumer online marketplaces. Star Nine's core mission is to build businesses that provide exemplary consumer experiences and unparalleled customer service.
# # #