Buying or selling a home or land usually involves the transfer of a large sum of money. Through the years, custom has dictated that money and all related documents be transferred through a neutral third party. This process is called escrow.
In Northern California, escrows are processed by escrow officers. Most of these are employed by title companies. Escrow officers are people who have years of hands-on experience in handling all the type of documents and large sums of money involved in transferring real property.
The escrow officer serves as the neutral "stake holder" and the communication link to all parties in the transaction. The escrow officer holds all documents and money until all conditions of the sale are completed, at which time she will impartially carry out the written instructions given by the principals in the transaction.
We want to express our thanks to Stewart Title and Financial Title for providing most of the information in this section.
or close escrow?
report
needed?
the costs?
for what?
insurance
escrow
