What is Escrow?

Escrow is a neutral third party that holds funds and documents during a real estate transaction. The escrow process protects the interests of buyers, sellers, lenders, and agents by ensuring that all conditions of the transaction are satisfied before funds and ownership are transferred.

Why Escrow is Important

Escrow helps protect all parties involved in a transaction. The escrow officer ensures that documents are completed properly, funds are securely handled, and all legal and contractual obligations are satisfied before closing.

  • Protects buyer and seller interests
  • Ensures conditions of sale are met
  • Coordinates lenders and title companies
  • Provides neutral third-party oversight
  • Ensures regulatory compliance

Types of Escrow Services

Residential Escrow

The purchase or sale of a home is often the largest financial transaction in a person's lifetime. Our escrow officers ensure documents, funds, and timelines are managed efficiently and professionally.

Probate Escrow

Probate transactions often require court confirmation and coordination with attorneys. Our experienced team understands the unique requirements involved in probate sales.

Refinance Escrow

We provide fast and reliable escrow services for refinance transactions, working closely with lenders and borrowers to ensure smooth closings.

Commercial Escrow

Commercial transactions require knowledge of complex financial and legal requirements. Our team works closely with brokers, attorneys, and lenders to ensure successful closings.

Bulk Sale Escrow

Bulk sale transactions involve the transfer of business assets such as inventory, equipment, and goodwill. We ensure compliance with California Bulk Sale regulations.

Mobile Home Escrow

Mobile home escrow requires specialized knowledge and processes. Our team is experienced in handling mobile home title transfers and compliance requirements.

Specialized Escrow Transactions

  • Short Sale transactions
  • REO (Real Estate Owned)
  • 1031 Exchange transactions
  • Investor transactions
  • Business opportunity transfers
  • Multi-party transactions

What Does Escrow Do?

Escrow coordinates the many components of a real estate transaction. Duties include:

  • Order title insurance
  • Obtain payoff statements
  • Prepare settlement statements
  • Receive and distribute funds
  • Coordinate document signing
  • Record documents with the county

Ways to Hold Title in California

Property ownership in California can be held in several ways depending on the needs of the buyer and legal considerations.

  • Sole Ownership
  • Joint Tenancy
  • Tenancy in Common
  • Community Property
  • Community Property with Right of Survivorship

Property Tax Information

Property taxes are an important part of real estate transactions. Your escrow officer will help coordinate payment of taxes during closing to avoid penalties and delays.

If taxes are unpaid, payment should be coordinated through escrow to ensure proper processing and avoid duplicate payments.