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Hud-1

ASK your questions about Short Sales and the HUD-1 HERE!

Members: 87
Latest Activity: Apr 28, 2017

Download a free HUD-1 Creator

Click http://www.bestshortsales.com/fh1dl/ or http://www.foreclosureuniversity.com/hud/ to download a FREE Excel HUD-1 Creation spreadsheet. The spreadsheet automatically changes the 1st lender's NET so that the homeowner's net is "0" (ZERO!)

If you improve the spreadsheet, don't forget to email me a copy so I can upload it to the site!

Discussion Forum

Fees on HUD

Started by Barb Covic. Last reply by Jeff Payne Oct 27, 2010. 3 Replies

Does anyone have a guarantee or a sure fire way to be paid the negotiation fees on the HUD? It seems I am always being knocked out as a 3rd party negotiator. Is there any verbiage that is used by…Continue

New HUD-1 Requirements as of 2010

Started by Neil L.. Last reply by Ben Racela Oct 26, 2010. 6 Replies

Has anyone heard whether or not lenders will require the use of the New HUD-1 that came out this year, for Short Sale Submissions?I've attached a copy of it for those who don't know what i'm talking…Continue

Tags: statement, settlement, hud-1, 2010

anyone have a good HUD estimator program?

Started by alisa hagner. Last reply by Neil L. Feb 16, 2010. 1 Reply

I had an excel spreadsheet on my last computer. Anyone have one that's cheap or free?alisaContinue

Comment Wall

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Comment by Neil L. on March 30, 2011 at 9:39am
It works just fine for me.  Anyone else having a problem with the link?
Comment by joe beauchamp on September 10, 2010 at 10:13am
I don't think I need it, but I thought I'd look at the HUD-1 download - failed - 404 - page not found?
Comment by Bryant Tutas on August 19, 2010 at 3:55am
Kate. I would have the title company prepare the prelim HUD. That way if they miss any charges they can be help responsible and have them removed. Also extend the date you use for closing by about 60 days to make sure the pro-rations are adequate. Over estimate the charges. And be sure to check for other liens i.e utilities, HOA, county and taxes.
Comment by Neil L. on November 18, 2009 at 10:14am
I use excel for all my hud's. once you put in the main information for your location, it takes just a few minutes to do a full hud. It's the only way to go IMO
Comment by Makoto Sato on November 18, 2009 at 10:11am
Some title companies will have a closing cost estimator on their website.
Comment by Neil L. on November 17, 2009 at 11:33am
The password is just so you don't accidentally change the first page, which has instructions on it.

If you don't want the 1st page on there, just right click on the tab at the bottom and choose "Delete"

The excel spreadsheet does not have a "Cheat Sheet" page to put in all the date, you must fill it in on page 1 and 2 manually. This is the free version! :)
Comment by alisa hagner on November 17, 2009 at 10:38am
Thanks for that. It says I need a password to unprotect the sheet.
Comment by Neil L. on November 16, 2009 at 8:12am
Just added a link to the top of the page. Enjoy.
 

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