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#781436 - 07/24/07 03:02 PM Real Estate Taxes on HUD-1
Peanut Offline
100 Club
Peanut
Joined: Jun 2003
Posts: 127
Midwest
Should the gross real estate taxes be listed on the HUD-1 Settlement Statement or the net? We have a situation where a homestead exemption credit reduced the gross taxes. We're not sure which figure to use on the settlement statement.

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Lending Compliance
#781440 - 07/24/07 03:04 PM Re: Real Estate Taxes on HUD-1 Peanut
Dan Persfull Offline
10K Club
Dan Persfull
Joined: Aug 2002
Posts: 47,517
Bloomington, IN
Use the amount that is required to be paid.
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The opinions expressed are mine and they are not to be taken as legal advice.

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