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What is the purpose of collecting a Statement of Information from Client? What is an Escrow Settlement Sheet (AKA HUD1 or Closing Document)? What is
- What is the purpose of collecting a Statement of Information from Client?
- What is an Escrow Settlement Sheet (AKA HUD1 or Closing Document)? What is its role in an Escrow Transaction?
- Why is it advisable, and the Lender will require as a condition of funding, the Buyer to obtain a Policy of Fire Insurance? What typically does a Fire Insurance cover against, and what two important items does a standard Fire Policy not cover?
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