Escrow Services

Receiving and holding all monies, instructions and documents pertaining to the purchase.

Serving as a communication link and liaison between all parties.

Requesting a preliminary title search and report to determine the status of title to the property.

Requesting a beneficiary statement or payoff demand from existing lenders.

Holding inspection reports, deeds and insurance documents.

Complying with the lender's requirements in its instructions to escrow.

Preparing or obtaining the grant deed.

Prorating taxes, interest, insurance, rents and other costs related to the transaction.

Requesting the title insurance policy.

Closing the escrow according to the instructions of the buyer, seller and lender.

Disbursing funds as authorized by the instructions, including charges for real estate     commissions, loan payoffs, title insurance, taxes, recording fees and other costs.

Preparing final statements of disposition of all funds.

Escrow Products

 Homeowner's accordion file at close of escrow

At the close of escrow, the home buyer will have many important documents that over time can be misplaced or damaged. The sturdy First American Accordion File keeps these documents organized, safe and easily storable.

 Buyer information package

For Buyers of First American title insurance, we provide a package that includes the Preliminary Report, Note, Deed of Trust, Grant Deed, Good Faith Estimate, Truth-in-Lending Disclosure, Rescission (for refinances), Lender Instructions, W-9, Impound Agreement, and Estimated Closing Cost Sheet.

 Seller information package

For Sellers in our transactions, we provide a package including the Grant Deed, Preliminary Report, Payoff, Demands, Inspection Reports and the 597W Form (withholding for taxes).

 Lender package

For Lenders in our transactions, we provide a package that includes the Note, Deed of Trust, Grant Deed, Good Faith Estimate, Truth-in-Lending Disclosure, Rescission (for refinances), Lender Instructions, W-9, and Impound Agreement.