HUD 1 tax proration
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HUD 1 tax proration (by Jen [OH]) Jul 12, 2019 12:55 PM
       HUD 1 tax proration (by Landlord ofthe Flies [TX]) Jul 12, 2019 1:28 PM
       HUD 1 tax proration (by Nicole [PA]) Jul 12, 2019 2:41 PM
       HUD 1 tax proration (by NE [PA]) Jul 12, 2019 3:30 PM
       HUD 1 tax proration (by Doogie [KS]) Jul 12, 2019 3:39 PM
       HUD 1 tax proration (by Jen [OH]) Jul 12, 2019 4:40 PM


HUD 1 tax proration (by Jen [OH]) Posted on: Jul 12, 2019 12:55 PM
Message:

A mistake was found on a HUD-1 for a closing today. I would be the seller. My question was if I found that mistake after the closing... is a title company obliged to fix it?

This was regarding tax prorations --199.114.xxx.xxx




HUD 1 tax proration (by Landlord ofthe Flies [TX]) Posted on: Jul 12, 2019 1:28 PM
Message:

Yes title company needs to be informed so they can fix. Notify them immediately after reading this post. --108.69.xxx.xxx




HUD 1 tax proration (by Nicole [PA]) Posted on: Jul 12, 2019 2:41 PM
Message:

maybe yes, maybe no.

I'm betting you signed something that says you've agreed all figures and correct and final with no changes to be made. It also depends if buyer has a lender ... they may not permit any changes. A good chance if it was something worth fixing, you will be told to work it out with buyer, if they agree.

doesn't hurt to ask --72.70.xxx.xx




HUD 1 tax proration (by NE [PA]) Posted on: Jul 12, 2019 3:30 PM
Message:

How big of an issue is it? If youre doing a lot of work with these people and it's minor, let it go. --50.107.xxx.xx




HUD 1 tax proration (by Doogie [KS]) Posted on: Jul 12, 2019 3:39 PM
Message:

Start with the title company and ask what the process is. They may tell you that you signed something agreeing to all numbers. In that case, you're stuck. If not, find out the process and decide how big of a pain it is compared to how big the error is. --68.102.xxx.xx




HUD 1 tax proration (by Jen [OH]) Posted on: Jul 12, 2019 4:40 PM
Message:

Caught before close...just curious had it not been --199.114.xxx.xxx





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