BUYING USA PROPERTY
THE HUD (US Department of Housing and Urban Development)
The content on this page is reproduced from www.US-Property-Investment.com with kind permission from Richard Lillycrop.
Just before you close/settle on a property you will receive a HUD (see image), from the title company. This contains the total price you are paying for your property, deposits you have paid (earnest), closing costs, taxes owed. It is split into two halves, the buyer's side and the seller's side. The total figure at the bottom left of the page is what you will pay at the closing.
You should read this form carefully and check the figures, as mistakes can be made.
Return to the "What you need to know" Information page
Please Note - The information contained above should not be regarded as legal or tax advice and is our opinion only.