HUD Closing Agent in Utah

HUD Home files do not close like a standard resale. The contract package, addenda, earnest-money rules, and recording instructions follow HUD. Monument Title Insurance, Inc. treats HUD closings as a specialty.

If you have an accepted HUD bid in Utah, send the package to Monument. Salt Lake / Holladay: (801) 676-1076. Riverton: (801) 676-5946. info@monumenttitle.net.

What a HUD Home is

When an FHA-insured loan fails and HUD takes the property, that house is sold as a HUD Home. Inventory changes constantly. We will not publish a stale headcount on this page.

How a Utah HUD purchase usually moves

  1. A registered selling broker helps the buyer bid.
  2. If accepted, the broker submits the contract package to the assigned asset manager.
  3. After HUD accepts the contract, the agent can typically name the title company.
  4. The title company must know HUD’s closing rules.
  5. Escrow collects HUD-required items, balances the file, signs, records, and remits as HUD instructs.

Why agents send HUD files to Monument

HUD is a stated specialty, not a side door. Title and escrow sit together on the same file. Offices in Salt Lake / Holladay and Riverton, plus mobile closings in Salt Lake, Utah, and Weber Counties.