What Is Escrow?
An escrow is something of value such as your deposit of funds, a deed, other instrument, or documents such as your purchase and sales agreement, that are given to an impartial third party to hold until specific conditions are met. When everything is finished the escrow will close.
When opening an escrow, the buyer and seller of a piece of property establish terms and conditions for the transfer of ownership of that property. These terms and conditions are given to a neutral third party known as the escrow holder, or in this case, Escrow Results. The escrow holder has the responsibility of seeing that the terms are carried out. Escrow Results does this by providing an independent neutral account by which the interests of all parties to the transaction are protected.
The escrow agent is a “storehouse” for all monies, instructions and documents necessary for the sale of your home. This includes the buyer providing funds for a down payment, and the seller depositing the deed and any other necessary documents.
When the buyer and seller have signed all the paperwork and all the funds have come in, the closing agent oversees the recording of the documents with the county then disburses the funds.
When the deed is filed, title to the property is transferred to you, the new owner. The transaction is complete. The escrow is closed (meaning when the deed has been recorded with the county and everyone is paid).
Buyer and the seller will receive a final closing statement and other documents. Check the statement carefully and file the statement with your most important papers. You’ll need it when you file your next income tax return.
What We Do
Escrow Results is a full service escrow company that is always here to help you with all of your escrow needs, questions and/or concerns. We specialize in outstanding customer service and take pride in the way we treat our clients. We believe that this winning attitude sets us apart from the rest.
We are Full Service – Specializing in all residential and commercial properties, tax deferred exchanges, refinances, hard money 1st-2nd-3rd Deeds of Trust, private party transactions (For Sale By Owner).
We offer extended hours and an open door policy. If you need to see or speak to us outside of normal business hours please let us know and we will make every effort to accommodate you.
California is our home! We work in every county throughout the state.
To distinguish us from the others we are licensed by the California Department of Business Oversight (License #9631816) to perform escrow settlement services only. In addition, we are a member of The Escrow Agents Fidelity Corporation.
Our staff is exceptional!! Having a great team can enhance and streamline the escrow process. Our staff is knowledgeable and up-to-date on current escrow laws and trends.
Hablamos español!! Así que por favor no dude en llamarnos!
There is a notary available at all times for your convenience.
