HUD releases helpful homebuyer videos
Remember the kid in school that tried to copy off of everyone else? As an adult, I don’t find it as annoying – in fact, I view it as a testament to what we do here at Federal Title.
Federal Title was the first in the title industry to produce videos for homebuyers explaining the closing process and closing costs. Soon after we released these videos, a few other competitors jumped in the video market.
Now, the U.S. Department of Housing and Urban Development (HUD) jumped in by releasing three instructional videos for prospective homebuyers. HUD’s videos mainly focus on the homebuying process and shopping for a mortgage.
The videos are each about 11 minutes long and narrated by Teresa Payne of HUD and might be the best cure for insomnia I’ve seen in a while. However, the videos are full of very useful information and if a prospective homebuyer would watch each of these videos, we would probably have a lot less questions at the closing table.
All in all, the videos are a justifiable expense of taxpayer dollars and may just result in fewer regulations by HUD in the future – now that consumers are better-armed with information. The videos can be found on HUD's YouTube channel.