Company Expands Rate Calculator Offering in Four States

February 24, 2011

Colorado-based TI Services LLC., announced that it has expanded its TRACcalculator service outside of Colorado. Title companies in Florida, New Jersey, Pennsylvania and Texas can provide instant “Good Faith Title Estimates” to lenders for their GFEs and detailed title quotes to real estate agents and consumers, according to the company.

The TRACcalculator is designed to calculate title premiums incorporating applicable reissue and refinance discount programs, endorsements and title services, closing settlement services, estimated recording fees and applicable transfer taxes. In addition, the TRACcalculator can be customized to meet the needs of an individual title company, depending on state and local requirements, customary title practices and the use of multiple underwriters.

The TRACcalulator is incorporated into a title company’s website. For title companies that don’t have a company website, TI Services also offers the ability to create a company website/internet presence that utilizes the TRACcalculator service. According to Garry Wolff, CEO of TI Services, the TRACcalculator service can benefit both the title company in providing their information without any human intervention as well as their clients who needs immediate access to such information.

“In fact, after one and a half years of providing its TRACcalculator service in Colorado, tracked data reflects that 15 to 20 percent of all HUD-GFEs and title quotes provided by the TRACcalculator are being obtained after business hours and on weekends,” Wolff said.


Contact ALTA at 202-296-3671 or communications@alta.org.

SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.