A. Buyers and sellers of a piece of property establish terms and conditions for the transfer of ownership of the property. These terms and conditions are given to a third party known as the escrow holder. In turn, the escrow holder has the responsibility of seeing that the terms of the escrow are carried out. The escrow is an independent neutral account and the vehicle by which the mutual instructions of all parties to the transaction are complied with.
A. Whether you are the buyer or the seller, you want assurance that no funds or property will change hands until all instructions have been followed. With the increasing complexity of cyber-security, business, law, and tax structures, it takes a trained professional to supervise the transaction to keep your funds and property safe.
A. The length of an escrow is determined by the terms of the purchase agreement/joint escrow instructions and can range from a few days to several months.
A. The selection of the escrow holder is normally done by agreement between the principals. If a real estate agent is involved, they may recommend an escrow holder; however, in California, it is typically a decision made by the seller.
We know that selling a property often comes with unique circumstances and distinct challenges. That's why we collaborate closely with you to understand your specific needs and go above and beyond to ensure an efficient and enjoyable escrow experience.
Your security is our priority!
We have a library of informational materials for you on the buying process and are here as a resource for you.
We understand that buying a property is a significant life event filled with a lot of excitement, but also potential challenges. That's why we are committed to making your purchasing journey exceptional, ensuring you feel comfortable and well-informed at every stage of the transaction.
Your security is our priority!
We have a library of informational materials for you on the buying process and are here as a resource for you.
Interested in buying or selling in a certain area? Altos Market Reports provide you with real-time market data, helping you stay informed of the market trends in any given area.