A Premium Transaction Coordination Service For Serious Investors
Putting your time back in your hands
What Does a Transaction Coordinator do?
The transaction coordinator's role is to streamline the real estate transaction process, reduce administrative burdens on agents, and enhance the efficiency and compliance of property transactions. This allows real estate professionals to focus on their core tasks of serving clients and closing deals.
Documentation Management: Oversee the preparation, distribution, and tracking of all transaction-related documents, such as purchase agreements, contracts, disclosures, and addendums.
Communication Facilitation: Transaction coordinators act as a liaison between buyers, sellers, real estate agents, lenders, and other involved parties, ensuring effective communication and timely updates throughout the transaction.
Deadline Management: Track and manage important deadlines, such as inspection contingencies, financing approvals, and closing dates, to ensure that the transaction progresses according to the agreed-upon timeline.
Compliance and Legal Requirements: Help ensure that all aspects of the transaction comply with relevant real estate laws and regulations, as well as any contractual obligations.
Follow-Up and Reminders: Send reminders to all parties involved to ensure that necessary actions are taken promptly, such as scheduling inspections, appraisals, and document signings.
Problem Resolution: If issues or complications arise during the transaction, transaction coordinators work to find solutions and keep the process moving forward smoothly.
Record Keeping: Maintain accurate records of all transaction-related documents and communications for future reference and auditing purposes.
Our Services
Subject To
Seller Financing
Hybrid
Cash
Wraps
Novations
Gator
PML
Servicing
Self Perform
Post Closing
Morby Method
An additional surcharge may be added to some states or conditions in order to accommodate the additional TC work.
What documents are required to open my file?
To open a file, you will need the following documents:
Signed Purchase Agreement
Any/All Addendums and Disclosures
Entity docs - Articles of Incorporation and Operating Agreement
Signed TC Service Agreement
50% TC Deposit
What is your typical response time?
While we always strive to respond as soon as possible, we like to create a standard expectation that you will always hear back within 24 hours. We almost always respond much sooner than that, but please don't rely on that. For all URGENT inquiries, please email info@coastlinetc.com.
Keep in mind our business hours are between 9am-6pm EST Monday through Friday.
What states do you work in?
We accept transactions in all 50 states! Keep in mind certain states may require an additional fee due to state specific regulations/laws including NY, NJ, MD, FL, and TX.
Do you work with FHA and VA loans?
Yes we do! Subject-to transactions can be done with any type of loan. However, because these are government backed loans, they pose a higher risk for Title Companies/Closing Attorneys and there are several who have stopped doing these types of transactions.
But fear not! We have a resource of creative friendly title companies that work with these types of loans in all 50 states!
Why should I use a TC?
Fact:
If a Wholesaler gets ten properties under contract and doesn't hire a TC, they will close THREE of those transactions.
But if the same Wholesaler gets ten properties under contract and hires a TC, they will close Seven of those transactions.
Need I say more? 😏
Check out this video to learn more about WHY you need a TC: https://bit.ly/48i9Fc8
How fast can you close?
For our part, we can close in 7 days or less. But there are often factors outside our control. We work hard to influence the timeline in your favor, but ultimately other parties have to respond and do their part.
I'm doing a Subto deal, but don't have a contract - where can I get one?
If you need a contract for your Subto deal, but don't have one, our suggestion is to JV with a Subto student, or work with an attorney to get a one.
Can my transaction coordinator prepare the contract for me?
This is one of the most commonly asked questions we get and the answer is NO.
The act of preparing a contract on your behalf is considered a practice of law, which is reserved for attorneys or in the case of real estate, a licensed real estate agent/broker.
That being said, you are not left in the dark. Prior to opening escrow, we will do a contract review with you to ensure what you are trying to convey in the contract is what you intend to say.
Do you charge a deposit?
Yes. In addition to a service agreement, we require a 50% upfront deposit before we can begin working on any transaction.
What is the fastest way to get started?
Click on the "Submit a request" button above and you will be directed to a form.
Complete the form and someone from our team will get in touch with you within 24 hrs (it is almost always much sooner than this).
Call (407) 906-8691
Email: info@coastlinetc.com
Copyright 2023 by Coastline TC Services, LLC. All rights reserved
All Transaction Coordination services, documents, templates, and consultations provided by Coastline TC Services, LLC are best-effort. Opinions expressed by the individuals involved do not constitute legal advice, and are solely the opinions of those persons. Nothing in this message shall constitute Coastline TC Services, LLC acting as a legal representative or agent of any other party, nor shall Coastline TC Services, LLC have the right or authority to assume, create, or incur any liability or obligation of any kind, express or implied, against or in the name of or on behalf of any other party. Coastline TC Services, LLC disclaims all liability with regard to the accuracy and enforceability of any documents reviewed or actions taken based on the opinions expressed by Coastline TC Services, LLC or its employees and contractors. All information, content, and materials provided are for general informational purposes only. Such information may include links to other third-party websites, which are only for the convenience of the reader, user, or browser; Coastline TC Services, LLC does not recommend or endorse the content of third party sites. It is the right and responsibility of each party to review all documents for accuracy and to engage their own legal counsel with questions before signing any legally binding agreement.Upfront fees and deposits are non-refundable. Final closing fees are only charged if the deal closes.