Posted by DellaCa on 7/13/06 11:38am
Msg #132975

Settlement Statement missing

I called to confirm I had all the docs and oops the need to send escrow, ok recieved escrow and still no settlement statement. The only form I can find is Itemization of Amount Financed is this replacing the Settlement Statement in your opinion? I have been at this 2 years and have always seen a settlement statement or Hud.

Reply by Sylvia_FL on 7/13/06 11:43am
Msg #132978

No, there is usually an Itemization of Amount Financed in the package as well as the HUD.
Call the title company and let them know you haven't received the HUD yet

Reply by DellaCa on 7/13/06 11:45am
Msg #132979

Thanks Sylvia I am working with a ss and I am not to contact anyone but them ( PITA ) so I will contact them agagin they do not seem to know.

Reply by PAW on 7/13/06 11:46am
Msg #132981

No, the Itemizaation is not a replacement for the HUD. However, there may not be a HUD, but an Estimated Statement of Costs, or something with similar wording, since CA is an escrow funding state and only estimated closing costs are provided at the table.

Reply by DellaCa on 7/13/06 11:51am
Msg #132982

My thought also Paul, finally I was able to speak with escrow and they will fax it to me. Thanks

Reply by Brenda/CA on 7/13/06 12:02pm
Msg #132983

The Itemization Of Amount Financed is not the same as a HUD. The Hud could be referred to in different terms such as:
Buyer's / Borrower's Estimated Settlement Statement
Buyer's/ Borrower's Closing Statement - Estimated
to name a few. I had the same problem with an SS that did not have a clue what I was talking about, and I ended up getting their permission to talk to the TC, as they had also instructed in there CL no contact with anyone but them. I would at least ask them to send me an e-mail saying it is ok to proceed without the HUD. Good luck to you!

Reply by DellaCa on 7/13/06 1:00pm
Msg #133001

Re: Finally recieved it Thank you n/m

Reply by Lynn Lowry on 7/13/06 3:51pm
Msg #133032

This is timely as I have a closing tomorrow on a CA property, and I would have wondered where the HUD was!