All Forum Posts by: Jason Carter

@Jon Klaus

are you using a new construction loan, private money or some sort of crowd funding to make the deal come together? Thanks in advance.

@F Foster A TC or transaction coordinator is someone who assists the agent and broker in the processing of the real estate file. Gathering all information, paperwork, and following up of the contractual items. Putting together the final Broker file of the real estate transaction. 

Most RE agents use these to save their own time while drumming up new business. They basically make sure that the timeline for closing is followed and all paperwork is complete by closing. Some will list your property on the mls and draw up a purchase contract. 

Thank You for all the responses and info! 

I am looking at a property on a tax sale list in an up and coming neighbor hood. I tried to search for liens or loans on the property and couldn't find any other than the tax arrears owed. (about 11k)

1st question: what is the best way to find out about liens and loans on the property. (don't have property radar in Texas yet)

(went to the tax assessors site and found 2 liens. one for cleaning property and one for the taxes owed) what else should I look for?

2nd question: what to do if I purchase and want to do a tear down and spec build? There is a 6 month redemption period on the tax sales in Texas. Can I start planning and demo before the 6 months is up. What if I tear the house down within the 6mo redemption period and they decide they want to pay arrears.

Thank You,

Jason Carter

Thanks, Aaron!

Hey Guys, Thought I would update you. I sold the house FSBO and saved almost 15k in commissions and got the price for the top of my comps in the area. I used a TC (transaction coordinator) for a flat fee of $499 to handle all of the the paper work. I'm going to try this on all my future sales.

Thanks Brian!

Hello,

Just moved back to Austin. I am looking for recommendations for good subs or a GC in the Austin area. Hopefully I will be able to get away for lunch this Thursday at big daddy's for the roundtable.

Thanks!

The buyer is pre-qualified and I am at the top of my comps in the area at about 350  per square foot. I will probably save  about 14k in commission. Several agents that I spoke to wanted to list it for less. Definitely something I should think about, Marie. I guess I will get the purchase agreement signed and then contact a tile company.  Thanks for the link Jeremiah. Thank you all for taking the time! 

Thanks for the help Steve! If anyone else has checklists or other re-sources, I would appreciate the help.