Trusted Escrow Service in Palos Verdes CA
You have found the most trusted escrow service in Palos Verdes CA
As you search for trusted escrow service in Palos Verdes CA, you will have several factors to consider. One of them will likely be how to find the right company for the job. If you’ve never worked with an escrow company before then you may not even know where to start. The good news is that we are here for you. Just reach out to Neighborhood Escrow at 310-378-2456 to find out more about our services. We have been proudly serving the South Bay area for decades and look forward to being your partner in your escrow transaction.
What to expect in a trusted escrow service in Palos Verdes CA
It’s common for a person to know they need a trusted escrow service in Palos Verdes CA but to not know exactly what that entails. Think of an escrow agent as a person who works with both sides of the real estate transaction to collect funds and documents. Once everyone has submitted all relevant documents and funds, that agent completes the instructions that were set out for them in a Residential Purchase Agreement and within the Joint Escrow Instructions.
Trusted escrow service in Palos Verdes CA is a must for every real estate transaction
If you don’t have a lot of experience with real estate transactions then you may wonder why you need an escrow agent in the first place. It may seem as simple as giving the seller the money they need and then taking the keys to the house. Unfortunately, the law is that not simple. Not dotting the “I”s and crossing the “t”s can lead to serious financial issues in the future. You need an expert who is unbiased and can ensure that all the appropriate steps are taken.
What else do you need to know about trusted escrow service in Palos Verdes CA?
Whether you’re the buyer, seller, lender, or borrower, you will work with all other parties to agree on the Escrow Instructions. In some cases, your real estate agent may do it for you. Once those instructions are in place, the escrow officer gets them along with the documents and payment. Their next step is to process the escrow.
There are many duties that they may perform as part of trusted escrow service in Palos Verdes CA. For example, they will pay any liens against the property (including mortgages), they will pay bills, they will record documents, etc. After they have completed all steps in the Escrow Instructions they will deliver the funds, record documents, and close the escrow out. Note that the specific services involved will vary based on your real estate transaction. You can contact us at 310-378-2456 for more information about your unique case.
Payment for trusted escrow service in Palos Verdes CA
There are many activities within the Escrow Instructions that cost money. The escrow agent will have to pay document transfer fees, fees to record the grant deed, inspection fees, title insurance fees, etc. These are all agreed upon beforehand and either the buyer or seller is generally responsible for them. As to the escrow fees themselves, they are generally split between the buyer and seller with each side paying 50%.
If you need trusted escrow service in Palos Verdes CA then it’s time to contact Neighborhood Escrow at 310-378-2456. We look forward to working with you.
