Anchor Seaport Escrow is Independently owned and operated and has been serving the real estate community of Long Beach/ Southern California for over 40 dedicated years. Anchor Seaport Escrow has had the opportunity to help buyers, sellers, and realtors with their escrow needs and exhibits the longevity clients need to provide comfort and reassurance during what is usually the biggest purchase or sale of their lives.
Escrow companies in California can be classified into two basic categories: Licensed or Controlled. Licensed escrow companies are independent businesses licensed by the California Department of Business Oversight. This license regulates the procedures and practices of the companies and subjects them to stringent requirements designed to protect consumers.
Anchor Seaport Escrow is an Independent escrow company and is 100% neutral, and whose sole business is escrow. Controlled escrow companies are non-licensed (by the DBO) businesses that can be owned by a variety of entities including real estate brokers, mortgage brokers, banks, savings and loans, and title insurance companies. Such companies fall under the jurisdiction of a variety of supervising agencies with regulations and requirements that vary widely. One fact remains constant, however, none of the agencies have regulations as strict as those imposed on the escrow companies licensed by the California Department of Business Oversight.
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