Since we first started offering our net sheet calculator in 2012, it has proven to be a fantastic tool for home sellers and their Realtors to estimate closing costs and the net to seller at closing.
Then a few weeks ago, something happened that gave us two light bulb moments in a one-hour period. The first was when a Realtor called and mentioned using the net sheet calculator at a listing presentation that morning. Then she said, “It sure would be nice if your calculator was in Spanish.” Light bulb number one.
Then 30 or 45 minutes later we were in a closing with a Spanish speaking seller. While going over the HUD the Realtor pulled out a net sheet from his files, pointed to the line that says Existing Mortgage Payoff, and asked, “How do you say mortgage in Spanish?”
That wasn’t a light bulb moment, it was a 2 by 4 between the eyes moment. A Spanish net sheet wouldn’t be a luxury, it would be a necessity. So off to work we went.
El Paso Title Company is proud to announce that our Spanish Seller’s Net Sheet Calculator is now available on our website.
And “Mortgage” in Spanish is Hipoteca.