I recieved an acceptance letter from the bank to close in thirty days. However, the bank says that the HUD-1 has to be faxed in a day before the actual closing. The letter also states that any surplus funds over the accepted short payoff should go towards the principal. Has anyone ever had to deal with this? And if so, how does one go about this huddle??

Do you have a buyer you plan to flip to? The contract is b/w you & your buyer. Go to a Title Company that does double closings. The buyers’ funds will pass through & go to the bank & you get the difference. Verify with the Title Company how they will process the transactions and you should be set.

where are you located maybe I can help.

is there a difference between a double close and a simultaneous close?