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Meet the Smiths – Part 2: Preparing HUD forms

By Ivon Lerdorf Subscribe to RSS | May 23rd 2012 | Views:
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It’s another typical day at the office. Mr. Smith, recently divorced, is now selling the home you had distributed to him, so that he can move into a bigger house with his second wife.

You know that you will be preparing HUD forms. To make your real estate practice profitable for routine house closings, you need Easy Soft’s HUD software. Our real estate closing software will help you and your paralegal efficiently prepare the HUD settlement statements, including payouts, prorated taxes and utilities, and transfer taxes. With so many house closings being done on a fixed-fee basis, efficiency in document production is the key to increasing your profitability.

Working with our HUD software begins with the client intake information. Even though there are numerous forms to complete, when you use Easy Soft real estate closing software to prepare your HUD forms and other forms, you simply input client information once. In fact, you can open a new client file and use the screen questionnaire as the agenda for your client meeting. One more click of your mouse and our HUD software automatically populates more than 200 closing documents that are pre-loaded into our software package.

We know from working with our Easy Soft clients – more than 15,000 of them – that our software products are effective at increasing profitability for routine house closings because it is designed for everyone to able to use it. The attorney, the paralegal, and the secretary. Our HUD software screens breaks down each piece of necessary information into simple fill-in fields and pull-down boxes. All math calculations are performed by the software program; no calculators or spreadsheets necessary. And, if you discover a data input error, simply correct it in the original computer screen, and all corresponding forms will be immediately corrected.

Whether you are the attorney for the seller or the attorney for the buyer, our HUD software can be paired with our trust accounting software. Each escrow account you open for a client transaction must be separately documented and Easy Soft’s Easy Trust software does just that. You simply input client information, bank information, and any escrow agent information, and then balance each escrow account as monthly bank statements are received.

Ivon Lerdorf - About Author:
A comprehensive guide for law firms to understand, evaluate and select properHUD software, trust accounting software and law office software

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