Hud Settlement Statement - Enter It Once Enter It Forever

By Author: Mayank Kapur
Total Articles: 277
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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That's a dozen extra opportunities to receive inaccurate, outdated information-from each of these parties. That's what makes Easy Soft's data entry philosophy far more than a time saver. It makes it a “closing” saver. It'll clarify your closing, streamline your communications with parties and clients alike, sift out time-consuming errors, and help bring you into compliance with your HUD-1 regulatory obligations.
Here at Easy Soft, we specialize in legal software that helps professionals like you to become more efficient. After all, technology ought to help you in your mission to streamline your work effort, reduce your overall energy expenditure, and leave you with the time to turn your attention to the finer, more discretionary tasks inherent in your job.
So we introduced the theme of “enter it once” to all of our legal software. ...
... What this means: once you enter your client's information, you're done. That information populates all of the data fields that require it. It fills in raw numbers for automated calculations (say, on your HUD settlement statement), provides name and address details for correspondence, forms, and other filings and documentation, and lets you prepare all of the myriad things you need to: without duplication of effort. This is true of divorce data, billing data, and trust data. And it's certainly true of HUD-1 closings.
Outside of your closings, you can also use the data in more creative ways. You can use it for streamlining your records-and making them paperless. You can use it for your Rolodex-or Outlook Contacts files. It's already organized-in a fashion that you are familiar with, and can navigate around.
The data is there for when you need to correct a number or a spelling error (you only need to correct it in one place, at one time). It's there if this client and/or lender retains you again-or you have any other dealings with the same party (ies). It won't be misplaced, and (if you're backing up properly), it won't go away.
Practicing law and handling real estate closing becomes much easier when you can enter it once: and enter it forever.
To learn more about any of our legal software, call us at 800 905 7638.

Author Bio

Easy Soft specializes in helping law firms automate their processes with law office management software. Easy Soft has automated software solutions for virtually every practice area, from case management, document assembly and time & billing, to debt collection, HUD 1 and escrow accounting.