Detailed Description of Easy Hud 3.0

Easy HUD is real estate closing software with automated HUD settlement statements. Easy HUD simplifies the entire real estate closing process with automated HUD settlement statement preparation (HUD-1 & HUD-1A), disbursement check preparation/printing and 1099-S electronic filing. Easy HUD Software is fully compliant with 2010 RESPA Final Rule.

Key Features of Easy HUD:

* Fully automated real estate closing software system. Enter information on HUD-1, HUD-1A settlement statements and the program automatically performs all calculations, completes HUD forms, tracks all disbursements and checks are ready to print.
* Export real estate closing transactions to Easy Trust software with just one click. Trust/escrow account bookkeeping tasks are also completed.
* Lender Statement generated automatically, listing gross amount of loan, loan disbursed and itemized list of all items deducted by the lender.
* Comprehensive City/County/School/Condominium/Sewer Tax Proration module - computes seller over/under paid amounts and transpose numbers to appropriate HUD-1 lines.
* Lender Statement generated automatically, listing gross amount of loan, loan disbursed and itemized list of all items deducted by the lender.
* Save all HUD forms in PDF or Word format (letter or legal size) including HUD settlement statements and email right from the program.
* Supports up to 8 buyer names and 8 seller names.
* Flexible addendum page supports adding unlimited extra lines for 800/900/1100/1300 HUD Settlement Statement group.
* Auto calculates transfer taxes (Line 1203 to 1205) charges of HUD-1 for over 40 states.
* All relevant line items have "NET" flag to indicate whether the lender pre-disbursed.
* Comprehensive 201 initial deposit box accounts for initial deposit given to brokers, seller or to settlement agent.
* Line 901 interest charges automatically prorated once a closing date has been set.

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