1) Both lenders are asking for a preliminary HUD-1 statement. All you need to send them is a net sheet in place of the hud-1.

Oct 17, 2012 HUD 1 in short sale. My agent says this means approval is near. I'm reading differently. Is it true that this signals the bank is near approval?
Sep 26, 2012 One of the delays that often occurs at the end of the short sale transaction relates to approval of the final HUD-1 or settlement statement.
Jan 11, 2011 BiggerPockets.com. At the very end of the short sale transaction, when everyone has totally lost their patience and is thrilled that the deal is finally going to close, the banks generally require a final review and sign-off on the settlement statement (a.k.a. HUD-1).
Contract sales price. 402. Personal property. 107. County taxes. 407. County taxes. 204. 504. Payoff of first mortgage loan. 103. Settlement charges to borrower
Real estate professionals handling a short sale transaction need to prepare a HUD Settlement Statement early and accurately to avoid unexpected borrower
If you're going to work a short sale or do on a regular basis, lenders require a package deal that includes a rule the purchase agreement, a letter of authorization,
Jun 25, 2016 The HUD-1 is a RESPA document that spells out in a uniform manner all of the debits and credits in a real estate transaction. A HUD is actually for the buyer's benefit. It is not for the short sale bank's benefit and really is none of the short sale bank's business, apart from the fees deducted from the sales price.
Sep 17, 2013 While many short sales are different, there are three basic stages to each the property is for sale, a preliminary HUD-1 Settlement Statement

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August 2017