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Home | Headlines | ClosingCorp Launches New Closing Costs Calculator
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ClosingCorp Launches New Closing Costs Calculator

Numbers BHClosingCorp has announced the release of SmartCalc, a next generation online closing costs calculator that enables title companies to provide accurate, instant online quotes, actual title and settlement rates and fees, transfer taxes, and recording fees.

Lenders will be able to use SmartCalc to access accurate information about settlement services 24 hours a day, 7 days a week. The tool will also help realtors by providing their sellers with the information they need to understand potential proceeds from the sale a property—including a breakdown of buyer and seller fees.

SmartCalc includes a personalized Seller Net Sheet, which shows all of the title, settlement services, transfer tax, recording fees, and commission that are included in the closing process, according to the announcement.

The new tool is designed to not only make operations more efficient for title companies, but to improve their relationships with lenders and realtors.

“Title companies, lenders and Realtors are looking for new ways to add transparency to the home buying and selling process. They want to help their clients—both buyers and sellers—understand the costs associated with the transactions and do this as quickly as possible to eliminate surprises at the closing table,” said Kerry Stockel, product manager of ClosingCorp. “SmartCalc will be able to significantly boost productivity, increase efficiency and provide a sustainable solution to clients.”

About Author: Brian Honea

Brian Honea
Brian Honea's writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master's degree from Amberton University in Garland.

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