Transaction Coordination
Practical guides for transaction coordinators and the agents they work with: deadlines, contingencies, documents, signatures and keeping every party in the loop.
Transaction Coordination
Backup Offers in Real Estate: How Backup Position Works
What a backup offer is, how it moves from second position to primary under the Texas, Wisconsin, Florida and North Carolina forms, …
Transaction Coordination
Home Sale Contingency: Kick-Out Clauses and How Sellers Respond
What a home sale contingency is, how kick-out and bump clauses work in the Texas, Wisconsin, California and Florida forms, how sellers …
Transaction Coordination
Mortgage Contingency: How the Financing Contingency Works
What a financing contingency protects, how long it lasts in specific state forms, what actually satisfies it, what to do if the …
Transaction Coordination
Real Estate Contingencies: Types, Deadlines and How Removal Works
The contingencies in a home purchase contract, what each protects, sourced deadline examples from real state forms, and how active and passive …
Transaction Coordination
Contingent vs Pending: What Each Listing Status Means
What contingent, active under contract and pending mean on a listing, why the names differ from one MLS to the next, whether …
Transaction Coordination
How to Extend a Closing Date (or a Contingency Deadline) in a Real Estate Contract
Extending a closing date takes a signed amendment and a few calls most people forget: the lender's rate lock, the Closing Disclosure, …
Transaction Coordination
Time Is of the Essence in a Real Estate Contract: What It Means and Which Forms Use It
Time is of the essence turns every date in a purchase contract into a hard deadline. What the clause does in court, …
Transaction Coordination
Texas Option Fee vs Earnest Money: Who Holds Each, When It's Due and What You Get Back
The option fee and the earnest money go to the same escrow agent on the same deadline, but they do different jobs. …
Transaction Coordination
Cash to Close vs Closing Costs: What's the Difference?
Closing costs are the fees for the loan and the transfer; cash to close is what the buyer actually brings. How the …
Transaction Coordination
Transaction Coordinator Certification: Courses, Cost and Worth
No state licenses transaction coordinators as such. Here's what state regulators say, which TC certifications and courses exist and what they cost, …