Comments on: why at the last minute is the underwriter asking me for a HUD from a previous home sale? http://dinorealty.com/blog/2009/05/why-at-the-last-minute-is-the-underwriter-asking-me-for-a-hud-from-a-previous-home-sale/ Make your dream of owning land come true! Fri, 09 Dec 2011 10:39:31 +0000 hourly 1 http://wordpress.org/?v=3.3 By: omegahpla http://dinorealty.com/blog/2009/05/why-at-the-last-minute-is-the-underwriter-asking-me-for-a-hud-from-a-previous-home-sale/comment-page-1/#comment-11506 omegahpla Sun, 03 May 2009 13:18:45 +0000 http://dinorealty.com/blog/2009/05/why-at-the-last-minute-is-the-underwriter-asking-me-for-a-hud-from-a-previous-home-sale/#comment-11506 acermill is correct, and most of the time that is to check your statement as to whether the home was to be your primary residence, and if you do that with multiple homes. It could also be for other information. Things have gotten really tight out there, and many lenders are in trouble, they are being very careful. acermill is correct, and most of the time that is to check your statement as to whether the home was to be your primary residence, and if you do that with multiple homes.

It could also be for other information. Things have gotten really tight out there, and many lenders are in trouble, they are being very careful.

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]]> By: acermill http://dinorealty.com/blog/2009/05/why-at-the-last-minute-is-the-underwriter-asking-me-for-a-hud-from-a-previous-home-sale/comment-page-1/#comment-11507 acermill Sun, 03 May 2009 13:18:45 +0000 http://dinorealty.com/blog/2009/05/why-at-the-last-minute-is-the-underwriter-asking-me-for-a-hud-from-a-previous-home-sale/#comment-11507 There may be legal questions relative to your past home sale. If your HUD-1 was honest and accurate, you should have no issues. If there is evidence of deceit or fraud on the previous HUD-1, watch out. There may be legal questions relative to your past home sale. If your HUD-1 was honest and accurate, you should have no issues. If there is evidence of deceit or fraud on the previous HUD-1, watch out.

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]]> By: kemperk http://dinorealty.com/blog/2009/05/why-at-the-last-minute-is-the-underwriter-asking-me-for-a-hud-from-a-previous-home-sale/comment-page-1/#comment-11508 kemperk Sun, 03 May 2009 13:18:45 +0000 http://dinorealty.com/blog/2009/05/why-at-the-last-minute-is-the-underwriter-asking-me-for-a-hud-from-a-previous-home-sale/#comment-11508 visit your title company and look at the CHAIN OF TITLE on the property. It is possible the title is CLOUDY--which means that the current legal owner is not easily known or identified. If not, you need a title commitment from a title company [for title insurance] before you buy. otherwise, you might wind up with a loan against a house that you do not legally own. visit your title company and
look at the CHAIN OF TITLE
on the property. It is possible
the title is CLOUDY–which
means that the current legal
owner is not easily known or
identified.

If not, you need a title
commitment from a title company
[for title insurance] before you buy.

otherwise, you might wind up with
a loan against a house that
you do not legally own.

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]]> By: Dawni Do Right http://dinorealty.com/blog/2009/05/why-at-the-last-minute-is-the-underwriter-asking-me-for-a-hud-from-a-previous-home-sale/comment-page-1/#comment-11509 Dawni Do Right Sun, 03 May 2009 13:18:45 +0000 http://dinorealty.com/blog/2009/05/why-at-the-last-minute-is-the-underwriter-asking-me-for-a-hud-from-a-previous-home-sale/#comment-11509 It is common if you sold a home recently, for a lender to require the settlement statement on that sale. It is usually a means of verifying where some of your funds to close this home are coming from. It is common if you sold a home recently, for a lender to require the settlement statement on that sale. It is usually a means of verifying where some of your funds to close this home are coming from.

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