If any of your clients bought, sold or refinanced a home in 2007, you may get a call from them asking how to get a replacement copy of their HUD-1 Settlement Statement. Why? Because they put theirs somewhere for safe keeping and its now so safe that even they can't find it.
It's a good question as they will certainly need it.
Be sure to instruct them to call the title company that performed the closing, as they will have a copy or know how to print out and conform a copy. I can't tell you how many calls I get during tax time asking this exact question.
This problem will eventually go away entirley as many title companies are turning to some form of digital document storage. At All Florida Title Company of Broward, LLC we supply the buyer/borrower with a CD that contains all of the important documents from the closing. Not all of them, but those that there is a likelyhood they will need to look at again. I think that buyers tend to treat these CDs with more respect than a stack of papers.
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