Instead of waiting on Documents or Phone Calls, you are given password protected access 24-7 to the details of your purchase and/or sales transaction. The Transaction Manager  coordinates just about everything from Contract Stage of your purchase and sales agreement to the Closing of your real estate transaction. 

TheTransactionManager.com is one of a number of  Internet Portals that make up The Real Estate Savings Center Network, and that point to Best Home Search for Real Estate property searches. Featuring "The One Stop Real Estate Resource Center" in each County that it opens, the network links consumers to Realtors, Home Builders, Mortgage Lenders, Home Inspectors, and other Real Estate Services and Service Providers. The Transaction Manager is a valuable resource for home buyers, home sellers, Realtor and real estate service providers alike. 

As a home buyer or home seller, and as a Realtor or other Real Estate Service provider you can select any Transaction Manager of Transaction Management System that you may prefer. However, if you do not have a personal preference, we are providing the following links simply as a convenience and as a way for you to  learn more about the Transaction Coordinator and about SureClose, the transaction management software that we have selected to save you time, money, and effort during your the purchase and sales transaction.

The Transaction Coordinator works with Realtors, Lenders, Insurance Companies, Real Estate Attorneys, Title Companies, and Escrow service providers to bring about a smooth and successful closing to the real estate transaction. However not all home closings are handled the same, as each state has it's own rules about how home sale transactions are set up and completed.

Definitions and Information about Transaction Management participants

Some of the following information provided by Wikipedia has been edited specifically for this page of The Transaction Manager.

THE CLOSING - According to Wikipedia, the free encyclopedia - "A torturous process designed to induce cramping in a homebuyer's hands by requiring signature on countless pieces of documentation that nobody has ever read". Or, the process whereby the property sale is consummated with the buyer completing all applicable documentation, including signing the mortgage obligation and being debited or credited with all appropriate costs associated with the sale. Getting from contract to closing is what the transaction manger can help you with.

CLOSING ATTORNEY – A Lawyer that specializes in real estate transactions. Compared to “Escrow States” that conduct closings through an Escrow service provider, only a few states require attorneys at closing. For Example:

SOUTH CAROLINA

Attorneys customarily handle closings. Conveyance is by warranty deed. Mortgages are most often the security instruments. Foreclosures are judicial and take 3-5 months depending on court schedules. Foreclosure sales take place on the first Monday of every month following publication of notice once a week for 3 consecutive weeks. South Carolinians use owner's and lender's ALTA policies and endorsements. Buyers pay closing costs, title insurance premiums, and state mortgage taxes; sellers pay the transfer taxes. Property tax payment dates vary across the state from Sept. 15 to Dec. 31. For a complete lists of states and their specific closing procedures please GO TO: www.LegalWiz.com/escrow.htm

CLOSING COSTS - All appropriate costs generated by the sale of property that the parties must pay to complete the transaction. There are typically closing costs specific to both buyers and sellers, most can be negotiated in the contract to purchase and sell, however there are specific closing costs that are not negotiable particulary when using a Government Loan (VA or FHA). The transaction manager calculate, divide, and show the accounting for each of the line items. Common Buyer closing costs include appraisal fees, loan origination fees, title insurance, taxes and any points associated with the loan negotiated in the deal. The transaction manager can help to bring all of these credit and debits together so all parties have a good idea prior to getting to the closing table.

CLOSING STATEMENT - This document, also known as the HUD-1 form, details the final financial arrangement between a buyer and seller and the costs paid by each. The transaction coordinator works with all parties to get a preliminary estimate of closing costs prepared prior to everyone sitting down to close the deal. The transaction manager is accountable to the closing company and provides them with accurate information and receipts for service rendered.

ESCROW -An amount retained by a third party in a trust to meet a future obligation. The third party normally being the lender who will use the funds for the payment of annual taxes or insurance for real property. The Transaction management system helps here as well. Read More >>>

ESCROW DISBURSEMENTS - The payout of funds from an escrow account to pay property expenses such as taxes and insurance is typically set up by the by the mortgage lender as PITI = Principle payment of the Loan, Interests on the loan, Taxes asscociated with the property, and Insurance required by the lender as a condition of the Mortgage Loan.

HOME INSPECTION - A Home Inspector examines the condition of a home, often in connection with the sale of that home, but also in advance of the listing of the home for sale, known as a pre-listing inspection. It is important to get a professional inspection even on new construction. Most home inspectors want to be paid prior to closing for the services they provide and the report that they generate. Read More >>>

TITLE - At the closing of the transaction, Buyers will receive a specific document that serves as proof of ownership. Read More >>>

TITLE COMPANY - An organization that researches and certifies ownership of real estate before it is bought or sold. It also ensures that their no liens against the property prior to the closing of the purchase. Title companies act at the facilitator to ensure all parties are paid during the real estate transaction.

TITLE INSURANCE - This is an actual policy that insures a property owner in case there is a claim against the property being sold before it transaction is actually completed. This also covers a lender should a question of ownership arise, and the lender typically insists that the borrower (read homebuyer) pays for the title insurance as a condition of getting their mortgage loan.

HOMEOWNERS INSURANCE - As this is becoming more expense if not more difficult to secure, it is important for buyers to start this process early. The transaction coordinator is not responsible in assisting with the purchase and placement of insurance, however they will verify it is in place for those parties that need

Instead of waiting on Documents or Phone Calls, you are given password protected access 24-7 to the details of your purchase and/or sales transaction. The Transaction Manager  coordinates just about everything from Contract Stage of your purchase and sales agreement to the Closing of your real estate transaction. 

TheTransactionManager.com is one of a number of  Internet Portals that make up The Real Estate Savings Center Network, and that point to Best Home Search for Real Estate property searches. Featuring "The One Stop Real Estate Resource Center" in each County that it opens, the network links consumers to Realtors, Home Builders, Mortgage Lenders, Home Inspectors, and other Real Estate Services and Service Providers. The Transaction Manager is a valuable resource for home buyers, home sellers, Realtor and real estate service providers alike. 

As a home buyer or home seller, and as a Realtor or other Real Estate Service provider you can select any Transaction Manager of Transaction Management System that you may prefer. However, if you do not have a personal preference, we are providing the following links simply as a convenience and as a way for you to  learn more about the Transaction Coordinator and about SureClose, the transaction management software that we have selected to save you time, money, and effort during your the purchase and sales transaction.

The Transaction Coordinator works with Realtors, Lenders, Insurance Companies, Real Estate Attorneys, Title Companies, and Escrow service providers to bring about a smooth and successful closing to the real estate transaction. However not all home closings are handled the same, as each state has it's own rules about how home sale transactions are set up and completed.

Definitions and Information about Transaction Management participants

Some of the following information provided by Wikipedia has been edited specifically for this page of The Transaction Manager.

THE CLOSING - According to Wikipedia, the free encyclopedia - "A torturous process designed to induce cramping in a homebuyer's hands by requiring signature on countless pieces of documentation that nobody has ever read". Or, the process whereby the property sale is consummated with the buyer completing all applicable documentation, including signing the mortgage obligation and being debited or credited with all appropriate costs associated with the sale. Getting from contract to closing is what the transaction manger can help you with.

CLOSING ATTORNEY – A Lawyer that specializes in real estate transactions. Compared to “Escrow States” that conduct closings through an Escrow service provider, only a few states require attorneys at closing. For Example:

SOUTH CAROLINA

Attorneys customarily handle closings. Conveyance is by warranty deed. Mortgages are most often the security instruments. Foreclosures are judicial and take 3-5 months depending on court schedules. Foreclosure sales take place on the first Monday of every month following publication of notice once a week for 3 consecutive weeks. South Carolinians use owner's and lender's ALTA policies and endorsements. Buyers pay closing costs, title insurance premiums, and state mortgage taxes; sellers pay the transfer taxes. Property tax payment dates vary across the state from Sept. 15 to Dec. 31. For a complete lists of states and their specific closing procedures please GO TO: www.LegalWiz.com/escrow.htm

CLOSING COSTS - All appropriate costs generated by the sale of property that the parties must pay to complete the transaction. There are typically closing costs specific to both buyers and sellers, most can be negotiated in the contract to purchase and sell, however there are specific closing costs that are not negotiable particulary when using a Government Loan (VA or FHA). The transaction manager calculate, divide, and show the accounting for each of the line items. Common Buyer closing costs include appraisal fees, loan origination fees, title insurance, taxes and any points associated with the loan negotiated in the deal. The transaction manager can help to bring all of these credit and debits together so all parties have a good idea prior to getting to the closing table.

CLOSING STATEMENT - This document, also known as the HUD-1 form, details the final financial arrangement between a buyer and seller and the costs paid by each. The transaction coordinator works with all parties to get a preliminary estimate of closing costs prepared prior to everyone sitting down to close the deal. The transaction manager is accountable to the closing company and provides them with accurate information and receipts for service rendered.

ESCROW -An amount retained by a third party in a trust to meet a future obligation. The third party normally being the lender who will use the funds for the payment of annual taxes or insurance for real property. The Transaction management system helps here as well. Read More >>>

ESCROW DISBURSEMENTS - The payout of funds from an escrow account to pay property expenses such as taxes and insurance is typically set up by the by the mortgage lender as PITI = Principle payment of the Loan, Interests on the loan, Taxes asscociated with the property, and Insurance required by the lender as a condition of the Mortgage Loan.

HOME INSPECTION - A Home Inspector examines the condition of a home, often in connection with the sale of that home, but also in advance of the listing of the home for sale, known as a pre-listing inspection. It is important to get a professional inspection even on new construction. Most home inspectors want to be paid prior to closing for the services they provide and the report that they generate. Read More >>>

TITLE - At the closing of the transaction, Buyers will receive a specific document that serves as proof of ownership. Read More >>>

TITLE COMPANY - An organization that researches and certifies ownership of real estate before it is bought or sold. It also ensures that their no liens against the property prior to the closing of the purchase. Title companies act at the facilitator to ensure all parties are paid during the real estate transaction.

TITLE INSURANCE - This is an actual policy that insures a property owner in case there is a claim against the property being sold before it transaction is actually completed. This also covers a lender should a question of ownership arise, and the lender typically insists that the borrower (read homebuyer) pays for the title insurance as a condition of getting their mortgage loan.

HOMEOWNERS INSURANCE - As this is becoming more expense if not more difficult to secure, it is important for buyers to start this process early. The transaction coordinator is not responsible in assisting with the purchase and placement of insurance, however they will verify it is in place for those parties that need proof before closing - buyer, lender, realtor, and closing company included.