Centralized Case Data to Speed Up Closing and HUD 1 Statement Processing

Real estate transactions involve a lot of paperwork and in today's digital age, computers can and should be used to help speed up that process. Rather than just giving you a faster way to produce a HUD-1 settlement statement, Easysoft Real Estate Software gives real estate attorneys and their law firm staff a better, more intuitive way to enter the case data and calculate all the neccessary figures with full TILA-RESPA compliance.

Automation software centralizes the data from your files and enables you and your firm to populate the information across multiple forms and documents to reduce time and errors that are commonly associated with calcuations and repetitive data entry. Browser based software, like Easysoft's settlement solution, also reduces tedious time consuming issues like updates for legal compliance and technical software changes.

Filling Out The HUD Closing Statement Directly

Maybe you are used to completing HUD paperwork manually, line by line and page by page. As you progress through your closing files, you will need to repeat data entry for the parties involved and make many calculations. As the HUD form is not logical, at least not to someone who hasn't already completed a hundred or so of them, you end up jumping from subject to subject and it is easy to get confused about which figure goes where. Don't you wish there was a more intuitive way?

Closing software options, like Easysoft, automate a majority of these processes by storing the data you input for each closing and then populating and calculating the needed data and figures into their proper fields within each form and document being used to execute your real estate closings. The software also provides help by doing the math, giving you access to all the tax tables you need, and making it easy to mark which amounts have been pre-disbursed by the lender.

Using The Case Data Page

Doesn't it make more sense to enter all the information on the buyer in one place, all the information on the seller in another, and so on? We think so. That is why Easysoft Legal Software's HUD settlement statement software includes a case data section for easy data entry. The software automatically transfers the information to the HUD form so you don't have to wrestle with repetitive entry. Enter the info once in the case section, check the form before printing it out, and you are done. This automated software method will definitely take you less time than filling out the HUD form directly. You or your staff simply enter the necessary information on the case data tab and then move to the form to check and fill in any remaining spaces as a few may require additional information. While each real estate professional will find a preferred method for completing their closing forms with automating software like Easysoft, the elimination of repetitive data entry will save time for everyone.

This kind of flexibility is a hallmark of Easysoft Legal Software's real estate settlement software. Our products are designed with real estate and legal professionals in mind, helping you succeed in your industry. With TRID compliance, once and done data entry, and automated calculations, our clients are able to create real estate closings up to 70% faster than legal professionals who still resort to manual methods and spreadsheets. Book a demo for more information on any of our products and take advantage of our FREE 7-day trial.

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