Archive

Posts Tagged ‘HUD1’

Certified Copy of the final HUD-1 Settlement Statement v.s. Signed Copy of HUD-1, For 8K tax credit.?

March 8th, 2011 Comments off

Question by csewell44: Certified Copy of the final HUD-1 Settlement Statement v.s. Signed Copy of HUD-1, For 8K tax credit.?
I am trying to get my paperwork together to file for the 8K tax credit, however I only have a HUD-1 signed by myself and not the seller. The IRS came out saying they need a HUD-1 signed by ALL parties. I have contacted my title agency and they have told me “due to privacy laws we cannot provide you with a signed copy of the sellers HUD-1” They told me that a “Certified Copy of the final HUD-1″ signed by them would be just fine. Are they correct, or does anyone know any more about this?? Thanks

Best answer:

Answer by mysticgraystar
Send COPIES of the HUD-1 that is signed by the title agency and you. Write a statement to the IRS indicating that your title agency WILL NOT give you a copy of the HUD-1 signed by the seller due to ‘privacy laws’.

The IRS will also need a copy of your Mortgage statement (or proof you paid cash for the property) and one of 4 documents proving you live at your new home (the proof they ASK FOR is 1. Driver’s license or ID with new address; 2. Copy of vehicle title showing new address; 3. Recent pay statement with new address; or, 4. Recent bank statement showing new address.)

If they do not approve of the copies you send, they will disallow the credit; you should IMMEDIATELY APPEAL that decision and you will be scheduled to see an agent. Bring the documents that you DO HAVE to the agent and he/she usually signs off on the credit.

Add your own answer in the comments!

Categories: Hud-1 Tags:

HUD1 Review for Montgomery County, Maryland

March 8th, 2011 2 comments

HUD1 Review for Montgomery County, Maryland





Review of HUD1 and closing costs for a home purchase in Montgomery County, Maryland

Categories: Hud-1 Videos, Hud1 Tags: ,

Hud-1 statement forms, Hud 1 settlement statement, Hud1 …

March 8th, 2011 Comments off

Hud-1 statement forms, Hud 1 settlement statement, Hud1 …





http://www.Hud1Generator.comHud-1 statement forms, Hud 1 settlement statement, Hud1 software.

www.Hud1Generator.com – Hud-1 statement forms, Hud 1 settlement statement, Hud1 software.

Short Sale Investing HUD1 Seller Concessions





http://www.sreccoaching.com, Short Sale Investing HUD1 Seller Concessions. Josh Cantwell from Strategic Real Estate Coach trains coaching students on how to apply seller concessions to the HUD1.

Categories: Hud1 Tags: ,

Ask the Expert: What is a HUD1 Settlement?-Seattle RealEstate-Seattle Homes-Seattle Realtor

March 8th, 2011 Comments off

Ask the Expert: What is a HUD1 Settlement?-Seattle RealEstate-Seattle Homes-Seattle Realtor





Ask the Expert: Denise Eider- What is a HUD1 Settlement?-Seattle RealEstate-Seattle Homes-Seattle Realtor http://www.ThachRealEstateGroup.com

Hud-1 Generator, Hud1 software that easily makes a Hud 1 settlement statement





http://www.hud1generator.comHud-1 software, easily create a Hud1 settlement statement for your real estate closings, on your computer.

Categories: Hud1 Tags: