2 Discussion Questions (200) words each (no paper format needed)

Post Closing Process
 
Explain the Post-Closing Process. In 200 words, explain and analyze the activities that will take place once the buyer and seller have signed the closing documents at the title company. Compare and contrast what occurs at the title company and the bank before ownership is transferred from seller to buyer. Respond to at least two of your classmates’ posts.

 

 

HUD1

In 200 words, explain and analyze the HUD1. The HUD1 is one of the most important documents in the buying/selling process. Compare and contrast the kind of information contained in the HUD1?  Analyze why it is important as a real estate agent that you are able to explain what each line of the HUD1 represents. Respond to at least two of your classmates’ posts.

 

 

Helpful sites

 

http://www.aaronline.com/ForRealtors/Forms/

 

http://www.ginniemae.gov/1_learn/h_i_c.asp?Section=YPTH

 

http://www.hud.gov/offices/adm/hudclips/forms/files/1.pdf

 

http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/buying/buyhm