Easy HUD: Not Just For Government Forms

Easy HUD automates real estate practices to allow agents and other professionals to focus on sales rather than paperwork. Although you may think the software is meant to only simplify the process of completing the HUD settlement statement form, the optional Real Estate Documents module lets you also produce hundreds…

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Mismanaged Trust Accounts Can Sink Your Real Estate Business

People new to the real estate industry are often surprised to discover that the sale or purchase of property is only one small part of the overall job. There is a tremendous amount of administrative support required for each transaction, none as important as trust fund accounting. When you receive…

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Number Crunching For The Math-Phobic Real Estate Pro

Most people don’t go into real estate because they love filling out government forms and adding up long columns of figures. However it’s important not just to complete the HUD settlement statement form but to understand it. When you fully comprehend the figures before you, you can get the best…

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Printing Settlement Forms From The Cloud

Cloud is the hot buzzword for computer software lately. Cloud-based software gives users more flexibility by not tying them to specific computers, operating systems or locations. The cloud version of Easy HUD, Easy Soft’s HUD settlement statement software, allows real estate agents and attorneys to access a client’s information and…

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Avoid The Taxman–Don’t File 1099-S If You Don’t Have To

Nobody likes the enormous stack of paperwork that goes along with a real estate transaction. Wouldn’t it be great if you could avoid filling out a document and save money on top if it? Well in some cases you can. Part of the HUD 1 closing process is IRS form…

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Understanding The HUD-1 Form, Part 2

In our first entry in this series we look at the header, sections A through I. Now let’s move on to sections J and K on the HUD settlement statement form, which break down the borrower’s and seller’s transactions respectively. We are going to talk about these sections together because…

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Less Is More–But Sometimes More Is More Too

Government forms are designed to accommodate the most common situations and serve the needs of the greatest number of applicants but sometimes they fall short. Real estate professionals may find that the basic HUD forms don’t always cover more complicated transactions. RESPA rules address this issue by allowing filers to…

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The Most Important Tool For New Real Estate Agents

Real estate can be a lucrative career. It is a particularly attractive pursuit for people trying to balance career and family since the job typically allows more flexibility than a traditional job. However as new agents quickly discover, real estate transactions are a bit more complicated than buying a cup…

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Don’t Let Paperwork Jeopardize Your Short Sale

The real estate market seems to be improving nationwide but short sales are still a common transaction seen by agents. Job loss, illness and divorce may prevent a homeowner from being able to keep up mortgage payments and a short sale is a preferable alternative to a foreclosure. Short sales…

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Three Cheers For The Red, White And Blue (Boxes)

When you first open Easy HUD you might be struck by the red, white and blue boxes. No, this color scheme isn’t there out of patriotism. Each color represents a particular type of field on the HUD settlement statement form and it’s important to understand how each box works in…

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