Residential sales escrow
Buying or selling a home? We handle the escrow.
For buyers and sellers of homes, condos and townhomes. We hold the deposit and close once every condition is met.
Earnest money deposit
Held in escrow
SecureClosing day
Deed transfers to the buyer
Next
What each side brings
Two sides, one neutral file.
Buyer and seller each bring different documents. Escrow keeps them together until every condition is met.
What the buyer brings
Earnest money deposit
Held in escrow until the purchase agreement’s conditions are met
Loan documents
From your lender, tracked by your escrow officer
Funds to close
Cash, a new loan, or taking over the seller’s existing mortgage
Nearly everything can be handled online.
How the purchase is paid
Cash, a new loan or the seller’s existing loan.
We work with every type of purchase and document exactly how the funds arrive in escrow.
- 01
Cash purchase
The buyer’s funds are deposited into escrow and released to the seller at closing.
- 02
New loan
We track the loan documents and receive the lender’s funds before closing.
- 03
Seller’s existing loan
When the buyer takes on the seller’s mortgage, it is written into the escrow instructions.
Closing day
What happens when every condition is met
- Conditions confirmed
- Deed transfers to the buyer
- Proceeds go to the seller
- Surplus escrow funds refunded
Our approach
Expedient. Exact. Economical.
Our team was founded by real estate agents. We handle the details so you don’t have to.
- Expedient
- Nearly everything is handled online, so you avoid most of the paperwork.
- Exact
- Accurate, straightforward escrow instructions, with every detail checked.
- Economical
- A low escrow fee, explained before you open escrow.
FAQ
Residential escrow questions
Plain answers. For fees and your specific situation, talk to an escrow officer.
- Buying a pre-owned house, condo or townhome, usually through escrow.
- How the property is used. Residential property is for living in; commercial property is for business, like offices, retail or industrial space. Financing, zoning, taxes and regulations differ between the two, so the escrow process differs too.
- In most cases, yes. If your mortgage has an escrow account for property taxes and homeowners insurance, any surplus left after every obligation and closing cost is covered is returned to you. It shows on your final closing statement; the amount depends on timing, outstanding bills and your lender.
- A neutral third party, such as a licensed escrow company, holds the funds, documents and instructions until every condition of the purchase agreement is met. Neither buyer nor seller gets the escrow; it protects both sides equally.
Start your escrow
Have a transaction coming up?
Answer three short questions. An escrow officer calls you back.
Licensed by the California DFPI- Member of the Escrow Institute of California
- Service in English and Español
Prefer to talk?(626) 655-7839