HomeMy WebLinkAboutHUD-1 Settlement Statement -2005 11 02
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CERTIFICATION OF BUYBF fOR FHA INSURED MORTGAGE TRANSACTION
fJ COpy
Date: 08/23/05
I certify that the te~~s of the sales contract Dated
are t=ue to the best knowledge and belief and that there are no
other agreements entered into be~ween me, and the seller(5) or
Realtor e~cept Lhoee attached to the sales contract. I certify
that I have no knowledge of any loans that have been or will be
made to mM(us) or loans thet have ~een or will be assumed by me
(us) or loans that have been or will be assumed by me{us) for
purposes of financing this transaction, other than those
described in the sale8 contract (including addendums). I
certify that I (we) have not been paid or reimbursed for any of
the caeh down payment. I certify that I (we) have not and will
not receive any payment or reimbursement for any of my (our)
closing costs which have not b~en previously disclosed in the
sales contract (including addendums).
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ERIC A. DOUGLAS
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WARNING: It is a crime to knowingly make false statements to the
UNITED STATES on this or any other similar form. Penalties upon
conviction can include a fine and imprisonment.
For details see:
· TITLE 18 U.S. CODE SECTION 1001 and SECTION 1010.
Instructions for the Settlement Agent: Upon settl~~ent of this
transaction, you must sign the Settlement AlJent Certification
required by FHA and attach it to the compl.eted:
* HUD-1 SETTLEMENT STATEMENT
(BUYRCERT) 9/95
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ADDENDUM TO HUD-15ETTLEMENT STAnmNT
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ADDENDUM TO PURCHASE CONTRACT
~ COpy
SELLERS: TRE CITY OF WINTER SPRINGS
BUYERS: ERIC A. DOUGLAS and KIM LAPOINTE, husband and wife
PROPBRTY ADDRESS: 124 RHO~EN LANE, 'WINTER SPRINGS, fL 327(:)8
PARCEL J.D.' 34-20-30-541-0400-0010
1.
The Seller and Buyer acknowledge that the following language should have been added to that certain
Contract for Sale and Purchase dated and signed on August 10, 2005 for the above property.
~y
"It is expressly agreed that, notwithstanding any other provisions of this contract, the purchaser shall no b
obligated to complete the purchase of the property described herein or to incur any penalty forfeiture of
earnest money deposits or otherwise unless the seller bas delivered to the purchaser a written statemCJ].t
issued:>>e'the Federal Housing Commissioner setting forth the appraised -faIue of the property (excluding
Closing costs) of not less than 5102,000.00 which statement the seller may deliver to the purchaser promptly
if appraised value statement is made avaUable to the.seller. The purchaser shall, however, have the privilege
and option of proceeding with the conaummation of the contract without regard to the amount of the
appraised valuation made by the Federal Housing Commissioner."
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2. Seller and Buyer aCknOWledge .and agree that Buyer has delivered, through The Mortgage Firm, Inc., an
appraisal of the Subject Property, which was prepared by J. Timothy Bums and dated August 12, 2005, in
. the amoUnt of $108,000.00. Buyer agrees that said appraisal is acceptab!.e for the purposes of closing on the
property .
THE CITY OF WINTFR SPRINGS
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By: fZ()/"OvLcL w~'~re..,
ERIC A. DOUGLAS
KIM LAPOINTE
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