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We use SoftPro (Standard version) and one of the modules you can elect is an amortization program (ProMort). It's a basic program, but you can do things like change the interest rate, skip payments, make extra payments, balloon it, etc. I'm not sure they even mention it on their web site, it's clearly ...

The rule says that the creditor must ensure the consumer receives the closing disclosure at least three business days prior to consummation [which responsibility can be delegated to, and assumed by, the settlement agent], but the rule doesn't specify that that CD must be the final CD. Many things are ...

In Pennsylvania transfer tax is usually 2%, but it varies – always 1% to PA, then usually 0.5% to the municipality and 0.5% to the school district, but some municipalities or school districts have a higher rate. The tax is due on the purchase price (which in certain scenarios includes the cost of contracted-for ...

From the IRS Instructions For Form 1099-S: "1. If you are the person responsible for closing the transaction, you must file Form 1099-S..." and then goes on for several paragraphs assigning responsibility to others overseeing the transaction if there is no named settlement agent. Cyndy ...

We have used, and been happy with, Net Deed Plotter from Greenbriar Graphics forever - from back in the DOS days. We have in-house title searchers and always plot the descriptions as part of the search, and when we buy a search, we plot theirs too (why does no one plot anymore?!) so it gets a lot of ...