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hud 51004

Get the free hud 51004 1992 form

Conviction may result in criminal and/or civil penalties. 18 U.S.C. 1001 1010 1012 31 U.S.C. 3729 3802 Previous editions are obsolete form HUD-51004 3/92 ref. Handbooks 7417. Summary of Materials Stored U*S* Department of Housing and Urban Development OMB Approval No* 2577-0157 exp* 01/31/2014 Office of Public and Indian Housing Public reporting burden for this collection of information is estimated to average 2. 5 hours per response including the time for reviewing instructions searching...
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May not be required to participate in participation in, surveys, samples, or experiments whose primary purpose is to generate data on the attitudes of housing and community development organizations related to, or the experience of or the needs of persons who use or are near housing and community development facilities. Responses are not considered confidential unless otherwise noted. Other Federal Communications Commission (FCA) Public Safety The Federal Communications Commission (FCA) may not respond to a question pertaining to the reporting of telephone or other wire line phone records. Responses are not considered confidential unless otherwise noted. Data are for general market research purposes only. FCA may accept, but is not required to release, aggregate data for internal research. Reporting is restricted to persons with a known relation to market research studies and is limited only to the information that may be disclosed to third-party researchers. Such persons, as well as persons directly related only to those studies, may be interviewed by the Federal Communications Commission (FCA). FCA requires participants in its research studies to sign an agreement and allow access to information on this survey as described on this page. The Federal Trade Commission is an independent agency and is not subject to oversight by the OMB. However, because this agency reports in support of programs funded by the Director of the Office of Management and Budget (OMB) under 49 468, the OMB will exercise a degree of oversight over FLAT and will require FLAT to make annual disclosures of all program expenditures. When FLAT makes a determination that expenditures exceed the amounts set forth in such estimates, FLAT discloses its estimates to the public. FLAT does not disclose additional information regarding program expenditures until FLAT has made a disclosure on the information contained in the initial Public Use File provided by the Department of Housing and Urban Development (HUD), which discloses the estimates of expenditures by program to the public. In addition, the OMB determines that HUD should include the estimates in each year's annual report on programs funded by the OMB to the Committee on Government Operations of the House of Representatives. FLAT is responsible for ensuring that HUD discloses information on its activities. This responsibility includes oversight of the accuracy of the information in the Department's publication of the Annual Report on Federal Housing Programs. OMB approval is required to request, or to determine the accuracy of, this information. In addition, certain information is protected from public disclosure under the Freedom of Information Act and the Privacy Act.
Video instructions and help with filling out and completing hud 51004
At the closing on the purchase of your home you'll be required to sign what seems like an endless number of closing documents most of these documents are standard and required to be signed by buyers in every jurisdiction we at Paragon title specialize not only in the preparation of this multitude of papers but also in doing everything we can to ensure that you understand exactly what they mean one of the most important documents is the settlement statement a summary of all the charges associated with the purchase of your new home this video will walk you through the settlement statement and explain line by line all the charges that one might have to pay based on a hypothetical transaction for a home purchase in Montgomery County Maryland if a buyer was purchasing a home in the District of Columbia or Virginia some of the charges that would be assessed would be different however most of the concepts and explanations are very much the same now let's start with line 303 of the settlement statement on this line you see the total amount due at closing of $120170011.97 based upon our hypothetical this amount is calculated by adding together the balance of your down payment plus your closing costs the sales contract requires you to pay this balance with either a cashier's or certified check or wired funds now let's take a closer look at how these closing costs were derived the details of your closing costs start on page two while the settlement statement breaks down the buyers and the sellers' transaction in this video were focusing solely on the buyers expenses shown in the left-hand column of the settlement statement near the top of the page line 703 is the administrative portion of the Commission that the buyer agreed to pay in the buyer broker agreement lines 801 through 803 show your loan origination charges this is what the lender charges you to originate your loan in this instance the fee is one percent of your loan amount plus two hundred and fifty dollars for processing this fee would have been disclosed to you along with all the other closing costs in the good faith estimate from your lender additional lender charges of $400 for the Hazel and $80 for the credit report are shown on lines 804 and 805 but also say POC beside them POC means that these fees were paid outside of closing and are not included in the total of settlement costs nor the total amount due as shown on 303 of this statement they are listed only for record-keeping purposes the tax service fee listed on line 806 is a one-time charge to set up an account held by the lender to pay your annual property taxes this concept will be explained more in detail later in this video line 807 the flood certification is a one-time fee collected by your lender to get an assurance that your new home is not located in a flood zone prepaid interest on your loan is defined on line 901 in this example the settlement is taking place on November 1st 2012 the first mortgage payment will not be due...
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