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DAY 1

What is a transaction coordinator?


We are consultants that advise and coordinate to make sure everything from the contract to the closing stage of a real estate transaction is handled and completed correctly and efficiently. We handle paperwork, manage deadlines, and communicate with all parties on your behalf.




What are the benefits of using a transaction coordinator?


We'll put more hours back in your day so you can find and close more deals and get back to running your business.




How much time will a transation coordinator save me?


At least 10 hours a week.




Will you have contact with my buyers and sellers?


Absolutely! We coordinate with all parties involved in the deal.




What is transaction consulting?


Transaction consulting is helping you make informed decisions about your real estate deals, not only now, but also in the future. At Constant Close, we like to take a team approach. Whether you are part of a veteran team or an individual looking for help with transactions, we tweak the consulting we give based on your unique needs and what will provide you with the most value. We review systems, processes, and set you up to have partners in all 50 states that include insurance, title/attorney, and servicing partners. We offer a Q&A session with your team, one-on-one training with your transaction coordinator, a checklist to keep you on track with your real estate transactions, and the information you need to handle all of your creative deals.




What is the difference between transaction coordinating and transaction consulting?


For transaction coordinating, we work with you on one specific transaction. For transaction consulting, we use a team approach where we train you and set you up for future success.




What is an FHA loan?


FHA stands for Federal Housing Administration.This is a government-backed loan.




Why do you charge more for FHA transactions?


Many title companies and attorneys are not trained in the creative investor world and do not want to risk doing FHA escrows the wrong way. At Constant Close, we took action and learned how to properly close out an FHA creative deal by self-performing the title work. We took into consideration the closing fee you will pay with title companies and/or attorneys and decided to offer a low flat fee for your convenience.




How can I contact my transaction coordinator?


When you sign up for Constant Close, we'll provide you with our email and business phone number so you can communicate with us throughout the entire transaction process.




Will I have one or multiple transaction coordinators?


You will have access to our entire team and a point of contact assigned to your specific deal.




What jurisdictions/states do you cover?


We cover all 50 states in the continental U.S.




Do you work with land contracts?


Yes! We're well versed in land contracts.




Do I need to know my end buyer for a wholesale deal?


You just need a seller who has agreed to terms with you. If you don't have all the information you need we will help you gather everything you need on our consult call.




How quickly can you help me close?


Closing is determined on how quickly we can get a preliminary title and lien search back depending on the county. That's the slowest part of the entire process.




Do you do loan modifications?


No, we do not do loan modifications.




Can I hire you as soon as I have a verbal yes from the seller?


Absolutely!




Do you have experience with subject to transactions in a land trust?


Yes, we can help in land contract and know how to draw these up.




Do you help with trust paperwork?


No, trust paperwork will need to go through an attorney.




If I plan on structuring my deal subject to the existing mortgage then wholesale the contract to an investor, does your transaction coordinator fee have to be paid upfront or can I structure my deal so that my end buyer pays the fee once the contract is assigned?


We can send an invoice to title or tack our fee on the assignment fee so you can be reimbursed by the end buyer at close of escrow.




Do you coordinate mobile notaries?


We do coordinate mobile notaries if needed in any of our deals at the investor's expense.




Do you help explain private lender paperwork to an investor?


Yes, we do!




Is the $700 fee per closing? Or is it paid upfront regardless whether it ends up closing or not?


The $700 fee covers our employees' hours on transaction paperwork and communication with third parties, so unfortunately this is not refunded if the deal does not close. However, we help our clients have a smoother transaction process which results in a much higher closing rate than someone who doesn't hire us.




For your transaction coordinator service, do I have to bring my own contracts or do you take care of the contracts as well?


We take care of the contracts.




Which title companies do you work with?


We have partners in all 50 states, and can also go with your company of choice. If you don't have one, we will find one for you.




I would like to have as little involvement as possible. If you and I touch base on the front end, will you work directly with my disposition service team after that?


Yes, we communicate with all third parties on your behalf throughout the closing process.




Does the $2,500 for your consulting service need to be paid up front?


Yes, the $2,500 is a one time fee that needs to be paid while signing up for the service.




I would like to just go with the title company you like working with the most for wholesale and creative financing deals. If so, what title company would that be?


We have partners in all 50 states. When you hire us we will connect you with our title/attorney partners.




Do you create notes?


Yes, we create notes.




Can I subject to a VA loan in any state with your company?


Absolutely!





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