Escrow Services in The South Bay CA
Are you in need of escrow services in The South Bay CA? We have you covered
If you are like many people in the state of California, you may not know the first thing about what they are or how to find escrow services in The South Bay CA. The good news is that you have an experienced company here to help you through the process. At Neighborhood Escrow, we have been proudly serving the South Bay area since 1985. With a commitment to excellence, providing the best possible service for our clients, and ensuring a customized service every time, we are the company you have been looking for.
“What are escrow services in The South Bay?” is one of the most common questions we get
If you’re wondering what, exactly, escrow services are then you are in good company. The simple way to explain it is that escrow is a place for money and property to be held while a real estate transaction is completed. All parties involved, such as the buyer, seller, lender, borrower, etc., will work together to create Joint Escrow Instructions and a Residential Purchase Agreement. The escrow agent then ensures that the requirements of these documents are met before the transaction is complete.
Don’t discount the importance of escrow services in The South Bay CA
There are many reasons that you don’t want to miss out on escrow services in The South Bay CA. At Neighborhood Escrow, we offer you the peace of mind and security that your property or your funds are protected. We take great pains to ensure that the property and funds we’re entrusted with is handled exactly correctly and that we meet all conditions as agreed to by the involved parties.
More information on escrow services in The South Bay
All those involved in the real estate transaction in question must agree on the escrow instructions. Once that has been accomplished, the escrow officer gets those instructions. It is almost always true that the real estate agent is going to take care of these steps on behalf of the buyer / seller. However, you will have input. Once the escrow officer gets those instructions and the necessary documents, they can begin processing the escrow.
Escrow services in The South Bay can involve a wide range of services. For example, the escrow officer may pay outstanding bills or liens against the property, pay off mortgages, handle all funds, and record the necessary documents, including the grant deed. When escrow is complete, the escrow is closed, funds are delivered, and the documents are distributed accordingly.
Payment for escrow services in The South Bay
The Escrow Instructions will include instructions that often come with fees. The escrow officer may be required to pay the document transfer tax, to pay fees for the property inspections, pay the title insurance company, pay the recording fees for the grand deed, and other fees. In most cases, the buyer or seller will pay for these, in accordance with the agreement they come to before escrow is set up. The escrow company has fees as well, which are most commonly paid 50/50 between the buyer and seller.
If you are looking for escrow services in The South Bay then we highly recommend you contact Neighborhood Escrow at 310-378-2456. We are here to walk you through this process.