GFE ExpressQuote

 

As you know, on January 1 the Real Estate Settlement Procedures Act (RESPA) reform went into effect requiring lenders to provide residential customers with a new form of Good Faith Estimate. Since title fees fall within a tolerance level group that cannot change more than 10% in aggregate, it is crucial that the estimates you receive from your title company are accurate.

SouthCoast Title and Escrow, Inc. can provide exactly what you need with our new online calculator, GFE ExpressQuote.

 

 Good Faith Estimate ExpressQuote will replace SNAPP. It helps you quickly get reliable electronic quotes in an easily downloaded or emailed GFE format for:

·         Title service fees

·         Title premiums

·         Recording fees

·         Transfer taxes       

 

Features of the GFE ExpressQuote include:

·         Simple to use:  go to www.sctitleinc.com to begin and click on the GFE Express Quote link

·         Built-in geographical intelligence to allow for unique state requirements, such as transfer taxes

·         Access to repository for all quotes generated within a one-year time period

·         Downloadable quotes available on the spot

·         Visual representation that shows you exactly where the pricing is placed in your 2010 Good Faith Estimate