Dear Monty: We purchased a HUD home in 2004. We lost our settlement file. Now we want to sell it. We got an offer, but the buyer’s attorney found that a third name was also shown on the deed of ownership, which we never knew. The attorney advised us to correct the problem and get the third name removed. As we have no documentary record to prove anything, we asked the settlement company that prepared the deed, and there was no response. Kindly advise where we can get a copy of our record or HUD-1 to prove that there is no third person in the purchase.
Monty’s Answer: You have plenty of options to find your HUD-1. Eighteen years may seem long, but title companies keep title files forever. The closing statements are the critical documents they retain. It may take a more aggressive effort on your part to retrieve the HUD-1.
