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Lien Release/Discharge Tracking Service
Your No-Cost Solution to Post-Closing Headaches
- Electronic lien tracking and release service integrated with Easy HUD.
- Submit a release tracking order in one click, right from Easy HUD.
- Close your customers file immediately after the closing. We will track ANY lien that appears on the title.
- Our low cost fee of $35/lien is a pass-through to the seller in a sale and to the borrower in a refinance.
- Get lien status, recorded releases and reporting in your Easy HUD program.
- Save staff time and frustration, lower costs and minimize your liability.
- Assure homebuyers that all liens paid off at the closing will be released in a timely manner.
Why Release Tracking Service Is Important To You?
As a settlement agent, it is your responsibility to secure the release of existing mortgage loans and their underlying liens in order to clear title.
After the payoffs, lenders have a statutory duty to release the associated lien but many don't. Because of this, you need to keep the file open for months after the closing. If a timely release is not received, following up with the lenders is frustrating, costly and time consuming, and the final title policy cannot be issued without a clear title.
In partnership with Final Trac, a National Discharge Tracking Company, we provide a solution for release tracking. We bring economy of scale and are able to offer thousands of users of Easy HUD software nationwide, a reliable release tracking solution at a fraction of the cost they currently incur in lost time and staff productivity (our fee of $35/lien is typically a pass-through cost and paid by the seller in a sale or the borrower in a refinance).
With services such as electronic 1099-S Reporting and Lien Release Tracking, Easy Soft is one-stop solution provider for your post closing work.
Give it a try! It's easy!
Try Easy HUD for free. Licenses start at $179.50 and include technical support for one year and an unconditional 30-day money back guarantee. It's that easy!
Release Tracking Service Process
- Prior to sending out payoffs, click on "Release Tracking" in Easy HUD. Review data, make needed corrections/additions and click on "Submit." Your release tracking order will be submitted to us securely.
- Upon successful order submission, print our invoice and instructions for the lender. (If the recording fee is not being paid to the lender, it will be added to our invoice so we can record the release).
- Simply pay the Easy Soft invoice and send instructions to the lender. Once we receive the payment, your release tracking hassles and headaches are over!
- After you place a release tracking order and pay the fee, the land records are searched to verify that the release document for your client's property has been properly recorded. If we do not find a lien release within the required statutory period, we work directly with the lender to obtain the release.
- You can check the status of any lien right in your Easy HUD case file. Once a release order is complete, a copy of the recorded release will be available in Easy HUD.
Why Use Easy Soft?
- For over 20 years, thousands of settlement agents nationwide have been using Easy HUD real estate closing software. In partnership with Final Trac, a National Discharge Tracking Company, we are able to relieve you from the headache and liability associated with tracking your releases. Order placement and status checking are done right from the Easy HUD system making it the most convenient solution for your post closing needs.
- Due to the economy of scale, we are able to offer a reliable tracking solution at a fraction of the cost you currently incur in lost time and staff productivity. Our fee is $35/lien which is typically paid by the seller in a sale or the borrower in a refinance.
- Our service tracks lien releases in all 50 states.
- We also offer Curative Title Services for old liens that are clouding your title.
With services such as electronic 1099-S Reporting and Lien Release Tracking, Easy Soft is one-stop solution provider for your post closing work.
Give it a try! It's easy!
Try Easy HUD for free. Licenses start at $179.50 and include technical support for one year and an unconditional 30-day money back guarantee. It's that easy!
- 1-800-905-7638
