HUD 90052 Closing Worksheet

FHA Insured Mortgage Loan Servicing Involving the Loss Mitigation Programs

90052

FHA-Insured Mortgage Loan Servicing Involving the Loss Mitigation Programs

OMB: 2502-0589

Document [pdf]
Download: pdf | pdf
OMB Approval No. 2502­0589
(exp. 03/31/2013)

U. S. Department of Housing and
Urban Development
Office of Housing
Federal Housing Commissioner

Closing Worksheet
Pre-Foreclosure Sale Program

Public reporting burden for this collection of information is estimated to average 15 minutes per response, including the time for reviewing instructions, searching
existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. This information is required to obtain
benefits. HUD may not collect this information, and you are not required to complete this form, unless it displays a currently valid OMB control number.
Section 1064 of the Stewart B. McKinney Homeless Assistance Amendments Act of 1988 authorizes the Secretary to pay an insurance claim that “bridges the gap”
between the fair market value proceeds from the HUD-approved third party sale of a property. The respondents are lenders, counselors, and homeowners who are
attempting to sell their properties prior to foreclosure. The Privacy Act of 1974 pledges assurances of confidentiality to respondents. HUD generally discloses this data
only in response to a Freedom of Information request.
Do not send this form to the above address.
Mortgagee Contact Person

Phone Number

Control Number

Homeowner's Name

FHA Case Number

Property Address

Homeowner's Name

Mortgagee (or HUD) Approval of the Sales Contract is a Pre-Condition of the Sale
Name of Purchaser

Address

Phone Number

Name of Purchaser

Address

Phone Number

Type of Financing (mark one)

FHA

VA

Date Contract Approved

Conventional

Selling Price

Sales Commission

%
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$

Other

Payable from Sale Proceeds
Sales Commission

$

(Local & State transfer taxes/stamps, etc.)

$

(Lien discharge [must not exceed $1,000])

$

Insert item)

$
(Insert item)

$
Consideration to seller (Basic amount = $750. Additional amount
(normally $250) is paid if closing occurs within 90 days of start of
participation in Pre-foreclosure Sale procedure)

Total Amount Payable from Sales Proceeds
(Add column of items)
Total amount paid to seller

$

Deduct all payments from proceeds from selling
price. Net proceeds to Mortgagee:

$

$

Seller's Initials & Date *

*(By initialing, seller acknowledges receipt of amount
specified).

$
Sale's Agent/Broker's Signature & Date**

**By signing, the Agent/Broker certifies that there are no
hidden terms or special understandings with the buyer,
seller, appraiser, closing agent or mortgagee.
Mortgagee's Authorizing Official's Signature & Date

Closing Agent's Signature & Date

X

X

(Attach copy of Settlement Statement)
form HUD-90052 (06/2003)
ref. Handbook 4330.1


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