HUD Home Buying Videos
Don't buy a home until you watch these home buying videos from the Department of Housing and Urban Development
How to find a home
This HUD video contains general information on how to buy a home.
This home buying video discusses:
- Your financial situation
- Working with a real estate agent
- What happens once you find the home that you want to buy
- . . . and information on obtaining a no cost credit report
How do I shop for a home-loan?
This HUD video contains extensive information on the new good faith estimate required by the Department of Housing and Development. This home buying video discusses:
- interest-rates
- Good faith estimates
- Origination fees
- closing-costs, title insurance services, other required services
- How to use the new good faith estimate to compare lenders
Good faith estimate accuracy
This HUD video also talks about discrepancies between the good faith estimate and the final settlement statement (HUD-1) and remedies if the lender understates the cost to purchase
- The settlement statement, also known as the HUD-1
- Comparing charges between the good faith estimate and HUD-1
- Charges to buyer and seller
- Amounts already paid
- Seller credits