At American Trust Escrow, our top priority is ensuring that escrow goes as smoothly as possible so that your transaction closes quickly and successfully. And that starts with pre-escrow! What is Pre-Escrow? During pre-escrow, our team proactively does their due diligence to complete necessary items that are...
How does a lender calculate the amount for an impound account? It's a common question that we often hear from home buyers. So let’s go back one step. If you aren’t familiar with the escrow impound account, here’s a quick overview. What is an Impound Account? It...
The homebuying journey is one that involves a number of steps, milestones, and deadlines. So, today, we wanted to share with you a visual representation of this process, along with answers to some commonly asked questions. If you have additional questions or would like more...
From in-house escrow to bank escrow departments, we understand that you have a lot of choices when it comes to selecting who manages your escrows. So, today, we wanted to share with you this comparison chart that illustrates the added value our company and team brings...
During the home buying and selling process, the topic of escrow often creates questions and some uncertainty for the individuals involved. So, today, we wanted to share with you this helpful glossary guide created for real estate agents. Within it, we outline the phases of escrow,...
When it comes to purchasing a house, the timeline is complex, and there are many moving parts! Whether you’re a buyer or a seller, the journey can be an exhilarating one. Generally speaking, the process goes as planned. But when that’s not the case, and...
Trust, or escrow, accounts are used in many different business activities, making them confusing for consumers, especially home buyers. The purchasing process can quickly become overwhelming for homebuyers when it comes to the exchange of monies because there are various players involved. Escrow, and more specifically...
There are many participants when it comes to a real estate transaction, and those include escrow officers. Whether you’re buying or selling a home, the sheer volume of money changing hands is incredible! And this is where your escrow officer comes into play. Essentially, they are...
The Southern California real estate market has been hot for many months. Home buying continues to surge, while a lack of inventory has created a seller’s market. At the end of August, inventory was down 25% in Los Angeles and Orange counties. According to Zillow...
Resilience feels like a pretty important trait to have right now. And, as we mentally prepare to start a new week in territory that still feels uncertain, I want to encourage you to think about resilience. Here is a quote that I love by Elizabeth Edwards: Resilience...