Quality Escrow in Palos Verdes CA

Work with an experienced company for Quality Escrow in Palos Verdes CA

As you search for quality escrow in Palos Verdes CA you will have several factors to consider. You’re looking for a company with experience, a company that is customer-focused, and a company who will provide you with exceptional help. You are looking for Neighborhood Escrow. We have been in this industry for decades and are ready to help you with your real estate transaction.

Quality 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 to expect in a quality escrow in Palos Verdes CA

It’s common for a person to know they need a quality escrow 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.

The ins and outs of quality escrow in Palos Verdes CA

It doesn’t matter if you’re the buyer or seller, whether you’re the lender or borrower, you or your agent will work with the other involved parties to come up with the Escrow Instructions. Once these have been created, then they will be sent to the escrow officer. They will also get all the payments and documents related to the sale of the property.

The escrow then performs many duties as part of quality escrow in Palos Verdes CA. If there are liens against the property they will pay them off – including prior mortgages. They will pay outstanding bills. They will have the Grant Deed recorded. In short, they will do everything necessary to complete the sale. Once they’ve followed the steps outlined in the Escrow Instructions, they will close the escrow out and the transaction will be complete.

Who is responsible for paying for quality escrow in Palos Verdes 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 quality escrow in Palos Verdes 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.

 

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