What is a HUD?

Have you seen a HUD? Did you review the HUD? Do you agree with the HUD? Have you signed off on the HUD? What exactly is a HUD? The short answer – it is the settlement statement. I think folks in our industry tend to take for granted that everyone knows what a HUD is.…

Seller Financing – Beware!

In today’s real estate climate, we, as closing attorneys field multiple calls a week from real estate agents and sellers asking us if we think selling a home to a buyer and financing that transaction is a good idea.  Seller financing usually occurs when a buyer cannot get financing from a lender (Red Flag Number…