*** OUR OFFICE WILL BE CLOSED ON NOVEMBER 23RD & 24TH IN OBSERVANCE OF THE THANKSGIVING HOLIDAY. ***
***OUR OFFICES WILL BE CLOSED ON DECEMBER 25TH & 26TH IN OBSERVANCE OF THE CHRISTMAS HOLIDAY. ALSO JANUARY 1ST & 2ND, 2024 FOR THE NEW YEAR HOLIDAY***
We are aware that the Net Sheets are not working. Please be patient while we work on this tool for your use. UPDATE 4/21/2023: The link has been fixed but the calculations are still not working correctly. We will keep you posted
You asked, we listened. Our incredible Net Sheet Calculator is now available in English and Spanish!
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.
Buyers and sellers often wonder, “What do we do next?”
I was recently trying to explain the process to a friend and realized that we needed some type of chart of events. With the help of some great colleagues and wonderful Realtors we built a list. The original bullet-pointed list was kind of boring, so we changed it into a flowchart – complete with circles and arrows and a paragraph inside of each one.
The items listed in the chart are far from complete. Maybe if the flowchart were the length of the Sun Bowl football field then each and every item could work its way onto the chart, but we think we have a real good handle on the highlights.
Did we leave something out? Is there an item in the wrong order? The nice thing about flowcharts is that they are editable and therefore update easily. If you can think of anything that would make this chart better, drop a line in the comments and we will modify it if we can.
The Real Estate Sequence of Events Flowchart – courtesy of El Paso Title Company – El Paso’s favorite title company since 1930.