Mission Statement:

To consistently be Efficiency & Productivity Consultants for REALTORS® and investors and to never be just "another" contract to close company...  Our clients remain loyal to us because of our professionalism, our performance, our knowledge, and our price.  What sets us apart: We pledge to continue to incorporate more value adds that are included in our flat fee services like technology tools (text message marketing, RELAY, CRM tool, efax, automated synched showing feedback, Docusign) and education (seminars, blogging, articles, MCE credit) to consistently streamline and increase productivity for our clients' business.  By doing business with Open to Close, your business will increase by a minimum of 20% in the next 6 months.

Feeling Overwhelmed???

Open to Close is the premiere, turnkey back office for REALTORS® and investors. Services include Short Sale Processors, Note Buying Coordinators, List to Close Processors, Loan Modification Negotiators, and Contract to Close Transaction Managers and can be customized to fit your business model. With OTC, interviewing, hiring, firing, training, payroll, and sick/vacation time become a thing of the past!

Listen to what Scott Carson, a nationally recognized speaker and real estate coach, has to say about Open to Close!

After you obtain your listing agreement, short sale/loan mod intake form, or executed contract, you should not lift a finger except to touch your clients once a week and give them the old "warm fuzzies".  With RELAY, our online management platform, all parties to the transaction are able to log in via the internet to access all documents as well as see the status of their transaction.

We ensure all of the deadlines of your transaction are met by coordinating with the inspector, title co., lender, loss mitigation dept., asset recovery dept., etc. to guarantee a smooth, seamless closing for you and your client.  We pay attention to the details and constantly monitor the status and progress of your transaction.  We try to anticipate problems before they arise, and we stay in constant communication to keep you and your clients informed of new developments along the way.  In addition to traditional real estate transactions, we are also your short sale solution.  We set you apart from other REALTORS® and help you increase your referral business!   We SIMPLIFY your life, so you can do what you do best - sell!

What is a short sale?

A short sale usually refers to a scenario in which the Seller's loans are greater than the than the house's market value.  Simultaneously, the Seller is having trouble paying his mortgage and foreclosure may be around the corner.  Even if the Seller sells the home, the money received for the home will come up short in covering the Seller's loan(s).  That's why we call them short sales.  Typically the goal of a short sale from the Seller's perspective is to have the bank forgive them the difference between the market value of the home and outstanding loan balance(s) of their mortgage(s).  This is considered a "settlement" on the homeowner's credit report and is not dear as damaging as a foreclosure.  In addition, according to the Mortgage Relief Act 2007, as long as the property is a "homestead", the lender cannot force the homeowner to pay taxes on the loss.  In this situation, the short sale is virtually risk free.

What can you expect from a loan modification?

Loan Modification Goals & Expectations:

_____ Principal balance reduction to reflect market value

_____ Interest rate reduction for interim

_____ Permanent interest rate reduction

_____ Delinquent payments moved to the back of the loan – not repayment plan

_____ Actual deletion of delinquent payments and fees

_____ Removal of bank fees from delinquency

      

                                                         

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