Easy Tracking of Pre-Disbursed Fees on the HUD 1 Settlement Sheet

Monitoring all the fees and payments in a real estate transaction doesn’t have to be complicated. When you use title closing software like Easy HUD, you can depend on the software to keep all your payments straight. This includes payments pre-disbursed by the lender, also known as net charges. The…

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Three Years Later: Why Are You Still Using Non-Compliant Title Closing Software?

The 2010 RESPA Final Rule made one big change to real estate transactions: the GFE-HUD comparison. If you are still using old, non-compliant software you are at best wasting a lot of time preparing comparisons between the Good Faith Estimate and the HUD 1 settlement sheet, and at worst flat…

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HUD Settlement Statement Software Gives You More Time with Your Family

We talk a lot about how faster closings improve your real estate practice’s profits. However, life is not all about work. There is a much greater awareness today of the need to balance work and home life, but there are also more tools to make our jobs adaptable enough to…

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6 Reasons Your Real Estate Office Should Go Paperless

In 1975 the desktop computer was still two years off, nobody but university researchers knew what the internet was, and the concept of document imaging was something out of science fiction. This was the year that an article in Business Week Magazine coined an innovative term: the paperless office. It’s…

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Real Estate Professionals Are NOT Being Replaced By Computers

Some people see technology as a threat. It’s the whole “someday we’ll all be replaced by robots” fear. Although there have been cases in history were workers have been displaced by technology, it’s rare in today’s economy. If you’ve been avoiding real estate title software because you’re afraid you’d have…

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Should You Use HUD Forms For Non-RESPA Transactions?

Nobody likes extra paperwork so many of us look for ways to avoid filling out documents. The HUD-1 settlement statement must be used for almost all property purchases that involve a mortgage. There are cases where you can skip the paperwork–but should you? For example, the HUD-1A is an optional…

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Are You Really Still Doing HUD Forms By Hand?

The 2010 RESPA Final Rule was designed to simplify HUD form processing as well as to ensure timely disclosure of full settlement costs. Simple is a relative term and real estate professionals should not be trying to complete the “simpler” HUD 1 settlement sheet by hand. Today’s real estate regulations…

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Are You Ready For The Surge In Home Sales?

Spring is traditionally when home sales volumes trend upward and recent numbers indicate 2013 might be the best year in quite some time as the country slowly lumbers out of its real estate slump. If you aren’t prepared to handle more business then you are throwing money out the door…

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Information Access Improves Your Real Estate Practice

Real estate transactions bring together information from diverse sources: the buyer, the seller, inspectors, tax agencies and more. Compiling all of this information onto the HUD 1 settlement sheet and other documents used to take hours but the modern, automated real estate office or real estate law practice doesn’t have…

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