Trusted Escrow Service in Torrance CA
You have found the most trusted escrow service in Torrance CA
We have found that one of the biggest obstacles people find when searching for a trusted escrow service in Torrance CA is that they simply don’t know what that entails. They may not know what escrow is or how to choose the right company. There is good news for you. At Neighborhood Escrow we have been proudly serving the community since 1985. We are committed to providing nothing but the best possible services for every client. You can trust us to walk you through this process and to provide customized services every time.
What to expect in a trusted escrow service in Torrance CA
It’s common for a person to know they need a trusted escrow service in Torrance 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.
Yes, you need trusted escrow service in Torrance CA
Those who aren’t familiar with real estate transactions may wonder if they really need escrow services at all. After all, can’t you simply give a check to the seller, they give you the keys to the house, and you both move on with your lives? Not so fast. What would the seller do if your check didn’t clear? What if you gave the seller the money but they refused to file the grant deed that transferred the property to you? An escrow agent can prevent these types of disasters.
What else do you need to know about trusted escrow service in Torrance 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 Torrance 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.
Who is responsible for paying for trusted escrow services in Torrance CA?
Most of the activities that are included in escrow instructions will have fees. For example, there will be a document transfer tax, fees for recording het grant deed, fees for inspections, costs for title insurance, etc. These fees are paid by either the seller or the buyer depending on the what the involved parties decide. In most cases, the fees for an escrow company will be paid by the buyer and seller, who will split the fees 50 – 50.
If you are in need of experienced, customer-oriented trusted escrow services in Torrance CA then it is time to contact Neighborhood Escrow at 310-378-2456. We are here to answer your questions, help you through the process, and ensure your needs are met.
