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What is Lofty?

Lofty provides a platform for sellers to list their properties for sale, with approval or denial based on criteria like occupancy status, condition, location, and rental history. Once a property receives approval, a new LLC is established to manage the sale. The tokens associated with the LLC are then transformed into individual tokens valued at $50 each on the Algorand Blockchain. A certified property inspector will evaluate the property and compile a detailed report. Should any repairs be necessary, the seller has the option to complete them before closing or to provide a credit to the LLC. The property is then listed on the Lofty marketplace for potential buyers. Once the property is fully funded, the LLC will proceed to finalize the transaction with the Title Company, leading to the transfer of the deed to the newly formed LLC, ensuring a smooth transition of ownership. This streamlined process facilitates investment opportunities for buyers while providing sellers with an efficient avenue to market their properties.

What is Close It?

DisplaySoft™ provides a wide array of software solutions tailored for the Real Estate Closing and Title processes, guaranteeing adherence to CFPB and RESPA regulations through its array of HUD forms, such as the Closing Disclosure, HUD-1, GFE, and its specialized HUD Look designed for fast cash transactions. Beyond just ALTA Statements and Seller Documents, the software supports Title Commitments and Policies, and enhances 1099 filing, Data Calls, Amortization Schedules, and Escrow management, specifically catering to Title Companies and Real Estate Attorneys. It adeptly generates original HUD-1, GFE, and Closing Disclosure forms for both property acquisitions and refinancing, along with comprehensive Balance Sheets and distinct statements for buyers and sellers, in addition to ALTA forms. The platform also includes a variety of pre-designed Deeds, Notes, and Affidavits, while enabling users to easily integrate their Microsoft Word™ documents into Your Forms for efficient customization. Moreover, the software replicates Commitments, Policies, and Endorsements, and can create a CPL and Jacket, complete with commonly used schedule B-I and B-II clauses that are both customizable and ready to use for user convenience. In summary, DisplaySoft™ not only simplifies the real estate closing procedure but also enhances the overall productivity for professionals within the industry, ensuring that they can focus on delivering exceptional service to their clients.

Media

Media

Integrations Supported

Axis LMS

Integrations Supported

Axis LMS

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Lofty AI

Company Location

United States

Company Website

www.lofty.ai/

Company Facts

Organization Name

Display Systems

Company Website

www.displaysoft.com

Categories and Features

Categories and Features

Mortgage and Loans

Amortization Schedule
Client Database
Closing Documents
Commercial Mortgages
Contact Management
Credit Reporting
Customer Statements
Document Management
Electronic Applications
Government Loans
Loan Origination
Loan Servicing
Pipeline Management
Pre-Qualification
Refinance Management
Residential Mortgages

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