Escrow & Title
In a Delaware real estate closing, the HUD-1 or Closing Disclosure shows:
AThe appraised value and assessment of the property
BAll financial details of the transaction including credits, debits, and closing costs for both parties✓ Correct
CThe results of the home inspection
DThe zoning classification of the property
Explanation
The Closing Disclosure (formerly the HUD-1 Settlement Statement) is a detailed accounting of all financial aspects of the real estate transaction, including the purchase price, loan amount, credits, prorations, and closing costs allocated to each party.
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