Independently owned and operated, Anchor Seaport Escrow 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.
In March 1993, Jennifer Sterud, who started in the real estate industry in 1978 processing loans for Home Federal Savings in Seal Beach and then made the transition to escrow in 1979, purchased Anchor Escrow from Ms. Scott. Ms. Sterud passed the California Escrow Association Certification Exam in 1989 and the California Escrow Association senior Exam in 1994. Her knowledge and grasp of the industry led to her firm’s successful merger with Seaport Escrow in 1995.
Situated in the heart of Naples on the corner of Campo Drive and 2nd Street, Anchor Seaport Escrow serves, but does not limit itself to: Long Beach, Seal Beach, Lakewood, Los Alamitos, Huntington Beach, Cypress, Rossmoor, Rancho Palos Verdes, Signal Hill, and Cerritos.
Anchor Seaport Escrow has not only stood the test of time, but has employees with 30 to a minimum of 10 years experience. With such a highly experienced and knowledgeable staff, Anchor Seaport Escrow is often the company that buyers, sellers, lenders, and realtors choose for their escrow needs.
Why Choose Anchor Seaport Escrow?
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.