What are your fees?
At Neighborhood Escrow, we strive to be completely transparent when sharing information about our services, as well as throughout the escrow process. As a part of this effort, we’d like to take the time now to explain our fees. If you have any questions or concerns about any of our policies, you’re always welcome to give us a call at 310-378-2456 or email debbie@neighborhoodescrow.com.
Our escrow fees schedule (refinances) consists of the following:
- $795 (includes in-house notary, courier fees, and 1 payoff demand statement)
- $50 for any additional payoff demand statement
- $75 document fee (if applicable)
- $50 debt payoff fee (per debt, if applicable)
Our escrow fees schedule includes:
- Buyer and seller base fee = $250 + $2.00 per thousand of the sales price, minimum escrow fee is $795
- Loan tie-in fee = $395 to buyer (includes in-house notary)
- Document fee = $100 to buyer
- Delivery fee = $75 to buyer (if applicable)
- Document fee = $85 (Quitclaim Deed, Power of Attorney, if applicable)
- Demand fee = $50 to seller for each demand (if applicable)
- Wire fee = $30 to seller (if applicable)
- Exchange tie-in fee = $150 (to party doing the exchange, if applicable)
- Note and deeds of trust = $150 to each buyer and seller (if applicable)
- Notary fee = $150 to seller only (if applicable
- Debt payoff fee = $50 (per debt, if applicable)
- Processing 593 for seller withholding = $45 (if applicable)
Do I really need an escrow?
After reviewing these fees, you may be wondering to yourself, do I really need to use an escrow? Can’t I just handle the escrow process on my own? We don’t recommend doing that. Using an escrow provides you with immeasurable peace of mind throughout your real estate transaction. You’ll be able to rest assured that no money or property will change hands until all the purchasing conditions that all parties have agrees to have been met, and all instructions have been followed.
Your most trusted escrow company
We hope you find these fee schedules clear and understandable. Our goal here at Neighborhood Escrow is to provide professional, personalized services to each and every one of our clients – buyers, sellers, lenders, and borrowers alike. We process escrows of property transactions including residential, resale, refinances, commercial, banked owned REOs, income, and multi-unit income properties. Entrust your entire escrow process to our experienced and highly capable agents. Our knowledgeable agents are more than equal to the task of carrying out the most complex escrow instructions with absolute accuracy and respect throughout the process.
Best escrow company serving South Bay, CA
A real estate transaction, no matter how big or small it may be, is always a big deal. We have our clients’ best interests at heart at all times, and we take our role as your escrow agent very seriously. Find out why we’re South Bay’s most trusted escrow company. We’ve been serving people just like you for over 41 years. Put our expertise to work for you today! We’ll make sure your entire escrow process occurs without a single hitch.
Get in touch now! Call 310-378-2456 or email debbie@neighborhoodescrow.com.
