Closing escrow on your new home is an exciting time - to say the least! So, it’s no surprise that home buyers and sellers get anxious as the closing day nears. One big milestone in the process is when the loan documents are received by...
When it comes to opening escrow on a home, there are a lot of moving parts! A subject that we get asked a lot about are impound accounts, so we wanted to take this opportunity to explain them in more detail. If you aren’t sure...
Buying a home is an exciting life event and is unlike any other experience in life. Amongst other things, during the home buying process, there are a lot of parties involved in the process, large amounts of money move between parties and there a quite...
We hope you find this information helpful when trying to answer the question, "What is Escrow?" ...
Sometimes the perfect home, or the perfect buyer comes at an inopportune time. That long planned trip is right around the corner and buyer or seller will not be in town for the escrow process. There are options. One is utilizing a Power of Attorney...
Sellers who are 55 and over may be eligible via Proposition 60 (intracounty transfer) /90 (intercounty transfer) for a transfer of property tax base on their primary residence. Eleven counties in California have ordinances for intercounty tax transfer. Here's the list: Alameda El Dorado Los Angeles Orange ...
We get asked this question a lot: "What is the difference between title and escrow?" We've created this educational infographic to help people understand, click on the image for a larger view! Contact your escrow officer if you have any questions! ...
The language of escrow and the real estate transaction doesn't need to be a stumbling block; once you know the terms, these words become what they are meant to be - valuable tools to help smooth the road to a successful transaction. Contingency This is a clause...
Several cities have updated their retrofitting and property report requirements. We have the latest report requirements here on our website: https://americantrustescrow.com/city-property-report-requirements/. Check back often for updates!...
When real estate is sold in California, the state requires that income tax for that sale must be withheld. In this post we will discuss sellers who are individuals or who may qualify as an individual. We will also explain qualified exceptions and exemptions to...