Q: Do we have to do a HUD-1 form on a cash sale? The home is paid off and I am selling for cash. There is no lender involved. A: The answer is no. For my readers, a HUD-1 is the settlement statement ...

WASHINGTON (AP) — Prospective home buyers would get easier-to-understand information on mortgage terms and save an average $700 in closing costs under a proposal to be unveiled today by President Bush ...