Generating a Buyer Estimate

1. To create a Buyer Estimate, you can click on the New Estimate tab at the top of your home dashboard. Select Buyer Estimate from the dropdown that appears.

2. Start by naming your quote by clicking on the  pencil icon and then entering the property address. This can be an exact street address or simply the city/state your are quoting in; both will allow you to generate the quote. . 

This field is linked to Google Maps API and will produce address suggestions as you type.

3. Choose your Transaction Type. 

4. Enter your loan amount.

5. Enter a Sales Price.

6. Enter a Down Payment amount. 

You can enter this amount via the percentage field also; the Downpayment, Percentage and Loan Amount fields are automatically linked to each other. 

7. This section allows you to open the calendar to pick a closing date.

8. Select your endorsements by using the check box. 

9. Enter the Annual Home Insurance amount if applicable.

10. Enter the Annual Property Tax Amount or the Annual Property Tax Rate if applicable.


Filling out the Annual Property Tax amount will autofill the Property Tax rate and vise versa. You can also let the system know if the seller has paid this amount. If No - this amount will added to the quote as an expense. If Yes - it will be added as a credit to the buyer.

11. Specify how much compensation will be allocated to the Buyer's Agent.  You can select between a percentage of Sales Price or a flat amount.  A Flat Brokerage Fee is available to be inputted, if applicable. The buyer will be responsible for any entered amounts. Click here for more information on agent compensation.

 

12. Choose the frequency of your HOA payment and the payment amount if applicable. 

Question: Did Seller pay the current Month's dues? If no - this amount will added to the quote as an expense. If yes - it will be added as a credit to the seller.  

13. Enter your impounds if applicable (fields for impounds include:  Mortgage Insurance, City/Town Taxes, County Taxes,  School Taxes). 

14. Enter the Lender Fees if applicable.

15. Add additional expenses or credits for the sellers as needed. 

Add the name/description of your fee and indicate an amount for the said expense or credit. You can remove clicking on the  x to the right of the quote.

16. When all applicable fields have been filled out, click the  Calculate  button. The following page will display your quote results.

For instructions on how to navigate the results page, please access the following TC Knowledge Base article: Quote Results Page. 

If you need further assistance, please send us an email at support@titlecapture.com. We are more than happy to help!

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