If you are assigning the deal, we can add the TC fee on the hud so it can get reimbursed to you.
What Does A TC Do?
A “Creative Transaction Coordinator” handles the paperwork side of things when it comes to your Real Estate Transaction.. to essentially help make the deal smoother for all parties involved. From the conception of the deal to the very ending when the deal gets funded and recorded. At Intentional TC, we will assist in drafting contracts, gong over the contracts, to coordinating the whole escrow process thereafter.
When Do I Need To Bring In A TC?
It is completely up to you. A TC can come in when a contract is executed and you can have them handle the escrow process until it gets to the finish line or you can have them draft the contracts, go over them with your sellers plus handle the escrow process.
What Does The Escrow Process Entails?
The escrow process entails opening escrow, ensuring that Title has pulled commitment, verifying that it is clear, making sure that all documents that are needed from sellers are taken care of, drafting and sending out addendums, extensions, jv agreements, assignments for signatures, communicating with all parties, going over closing docs and settlement statements. Overall, making sure the transaction reaches the finish line.
What Services Does Intentional TC Provides?
Intentional TC handles Seller Finance, Sub-To’s, Hybrids, Wraps and Cash Transactions. We will also help in drafting and coordinating servicing docs, Helping push back auctions, ensure insurance gets set up after a transaction closes, in addition to Self performing on FHA and VA loans in ARIZONA.
Are Payments Upfront?
Yes, payments are upfront. Since there is a team working diligently on the backend to ensure transactions are being taken care of with intention, the upfront payments pay them.
Can I Get Refund On A Transaction?
We do not have refunds. If your transaction is still in the beginning stage and an instance occurs where it is out of the clients hands such as too many liens on a title commitment and you opt to not move forward with the deal, a credit may be applied for your next transaction.