Five Tips For New Real Estate Attorneys

If you’re starting out as a new real estate attorney, things may seem a bit overwhelming at first. Whether you’re joining a firm or going solo, you’ve got a lot of opportunities to lay a solid foundation for your career and plenty of chances to make mistakes, too. These tips…

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What’s Happening with TRID Under the New Administration?

Now that the mortgage industry is beginning to function more smoothly under TRID (TILA-RESPA Integrated Disclosure Rule, also known as the Know Before You Owe Rule), and with proposed changes to TRID hanging in the balance since October 2016, industry experts are left wondering what will happen next, regarding TRID, under…

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Marketing Tips For Your Solo or Small Law Firm

Running your own law practice or being part of a small firm requires you to wear many hats. Not only are you practicing law but you are managing the firm as a small business owner, billing clients as an accountant or keeping track of calls as a secretary. The one…

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3 Factors That Really Matter When Marketing Your Law Practice’s Website

Growing your law practice and expanding its growth can be quite the challenge as a lawyer. Having the right website that distinguishes you as a leader in the law industry is crucial for maximizing your success and propelling your growth. In order to do so, its key to focus on…

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Is Your Company Prepared For E-Closings?

Since the Electronic Signatures in Global and National Commerce (E-Sign) Act became law in 2000, there’s been a lot of speculation as to when the use of e-sign and e-closing would take over as standards in the mortgage industry. At a glance, it appears that TRID compliance should have been…

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Time Management Tips For Lawyers

For attorneys, it’s all too common to find yourself with too much work to get done, and not enough time to get it done in. This is especially true if you’re a solo practitioner or if you run a small practice. A study of non-billable hours in law firms of…

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Clipping Increased Closing Costs For Title Agents

First American Title recently released their Real Estate Sentiment Index (RESI) report for 2016, and it indicates significant increases in title agents’ cost to close a transaction. On a national average, title agents reported their costs had risen by $210 per transaction in the third quarter of 2016. Regional variances…

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Speed Through Required Documents For Real Estate Closings

Real Estate Closing Attorneys and Title Closing Agents are responsible for producing a great deal of critical, required documents for real estate closings, on a very tight schedule. The smaller the practice, the more of a challenge it can be to ensure full compliance with TRID requirements, ALTA Best Practices,…

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How Real Estate Lawyers Can Provide Better Client Service

Real estate lawyers can grow healthy, even thriving, practices by providing better client service, beginning with intake, and continuing throughout the entire transaction and beyond. Clients who get excellent service make more referrals and offer other support that helps you grow your practice, such as online reviews and social media…

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Ensuring Complete Loan Applications For Residential Mortgages

The mortgage industry has gone through some significant changes since the implementation of TRID (TILA-RESPA Integrated Disclosure Rule) in late 2015. The entire mortgage production chain has to work more quickly to produce compliant and accurate loan and closing documents, and the new requirements have caused confusion and bottlenecks resulting…

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Four Things Your Small Law Firm Can Do To Stay Competitive

Solo attorneys and small law firms have some significant challenges in staying competitive and profitable. The smaller your firm is, the more routine, non-billable tasks you end up taking on yourself, which means you have less time to spend practicing law, generating new business, and servicing clients. You didn’t need…

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Using Technology To Achieve More Efficient Real Estate Closings

The mortgage industry is shifting focus from re-fi loans to purchase loans as the economy improves and more buyers are qualifying for mortgages. In September 2016, re-finance transactions accounted for 45 percent of all mortgages closed, while purchase transactions have grown to 55 percent of the total. As interest rates…

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Improving Mortgage Industry Cyber Security Through Secure Communications

Improving Mortgage Industry Cyber Security

Cyber Crime, including phishing and hacking are nothing new, but in recent years, the amount of Cyber Crime specifically targeting real estate transactions has skyrocketed. In May 2015, the National Association of Realtors (NAR) issued an alert to its members warning of variations on a fraud scheme in which hackers…

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HUD Software For Real Estate Attorneys

We often talk about how Easy HUD makes it easy for real estate agents to speed up closing times by up to 70%, as well as ensuring calculations are performed correctly. However Easy HUD isn’t just for agents. It’s the ideal real estate closing software for attorneys as well. Real…

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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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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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Short Sales Predicted to Surge in 2012? Get your Easy Soft HUD Software!

It’s now becoming mainstream media headline news: according to CNN, short sales are expected to surge in 2012. It seems American homeowners have figured out that short sales are an alternative to foreclosure. In January alone, CNN reported that short sales rose 33% compared to the same time last year.…

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Spend Time with Your Real Estate Client, Not Your Real Estate Document Software

Busy, busy, busy.  It’s spring and real estate attorneys are busy. The question for any real estate attorney is how much time to spend with pieces of paper and how much time to spend with the client.  When the matter is fixed fee, like a house closing, having time to…

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Discounts, Finance Charges, and Spellcheck – Attorney Billing Software

When you’re thinking about buying legal software, it’s important to remember to look for functions you frequently perform. Discounts are a common write-down taken on a client invoice.  You went the extra mile, recording all the hours and value for professional services you expended for your client.  But, it adds…

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HUD settlement statement – Enter it Once Enter it Forever

If you’re a real estate closing professional or settlement agent, then you know. From the buyer, seller, and lender, to the realtor, title insurance agent, and governmental entities: there are easily about a dozen parties involved in any given HUD-1 closing. That’s a dozen extra opportunities to receive inaccurate, outdated…

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A View from Above: Simplified GFE

If you’re a settlement agent or a real estate professional, you know the score. Make a mistake? Your closing immediately falls out of compliance. The new GFE-HUD comparison page of the HUD-1, and no matter what software you’re using: it’s a time-consuming exercise in double (and triple) vision. You’ve got…

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Revolutionary New Post-Closing Service: Lien Release Tracking Service

You’re a settlement agent, and you’ve just conducted a HUD-1 closing. We understand that your job doesn’t end the minute the funds get disbursed. For example, one of your responsibilities is to make sure that the original (or seller’s) lender releases its lien. Legally speaking, this release must be recorded…

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HUD-1 Closings: What’s the last thing you’ve got to remember?

You’ve just finished closing a deal. It went without a hitch. You prepared your HUD-1 closing statement, dotted your I’s and crossed your T’s in exactly the way that RESPA prescribes. Everyone brought the right checks, and buyer and seller left happy. Now, go back to your office and perform…

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The Latest Improvements to Easy HUD software

Easy Soft’s popular HUD software has been simplified. The newest version is Easy HUD 5.0, and it makes your life and—your practice—even easier than before. In our last post, we talked about the addition of several major features, including the creation of separate buyer and seller transactions sheets (as part…

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2010 RESPA RULES & HUD Complexity

By now, you’ve learned the nuances of the new HUD Settlement Statement, which took effect in January of 2010. While RESPA was able to hold lenders more accountable to their estimates, it also caused a plethora of unintended issues. For example, residential real estate buyers and sellers might end up…

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Mo’ Money, Mo’ Time – For Real Estate Lawyers Only

If you’re a real estate closing lawyer that takes a flat fee for services rendered, you’re well advised to search for ways to increase your efficiency. Greater efficiency translates into less time spent per case, which translates into a higher profit margin (since a lawyer’s time almost always equals his…

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RESPA & You

There’s been much ado about the new RESPA law that went into effect in early 2010. The new HUD Settlement Statements are long and convoluted. Lenders and settlement agents need to make their good faith estimates more exacting. Are the regulations too strict? Not strict enough? How are they enforced?…

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Your Little 1099-S Problem

It’s nearing the end of February. Recession aside, it was a solid year for real estate closings. Thanks to Easy Soft’s Easy HUD software, you generated your HUD settlement statements without a hitch. Your billing is up to date, your trust accounts are flawless, your revenues are strong, and you’re feeling organized and happy as a lawyer can be.

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How Real Estate Closing Software Can Increase Your Fees

Don’t misunderstand. We’re not suggesting that you raise your fees after purchasing our—or anyone’s—real estate closing software. What we are claiming is that Easy Soft’s Easy HUD software has enough power and intelligence to increase your efficiency by a percentage substantial enough to allow you to handle all of your existing deals quicker and more accurately…and allow you to take on more—and increase your overall bottom line.

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New VA Loan Origination Charge Itemization – Whose Job is it?

According to the VA Circular, lenders issuing VA loans may disclose the fees. Lenders may itemize the charges in the empty 800 lines of the HUD-1 or lenders must provide a separate origination statement. The new origination statement must indicate the purpose of the charge and the amount.

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