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News & Press: Industry News

JetClosing Settlement Company Raises Funds

Tuesday, June 19, 2018  
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JetClosing, A Seattle-based digital settlement company, has closed a $20 million round of funding. JetClosing said the new funds will be used to expand into residential real estate markets across the United States. In 2017, the company launched a property title scoring system that produces calculations based on public and user-submitted data, taking into account the type, nature, and severity of title curative issues.

JetClosing charges a $500 flat closing fee regardless of home value and can issue seller proceeds and agent commissions within 60 minutes of closing a transaction. The company’s technology now is available to realtors and buyers in the Seattle-Tacoma, Las Vegas, Denver and Phoenix markets.

Founded in 2016, JetClosing has satellite offices in Denver and Phoenix.

California Land Title Association

1215 K Street #1816 Sacramento, CA 95814-3905
Email:  |  Phone: 916-444-2647  |   Fax: 916-444-2851