Plain-English explainers on California escrow, wire-fraud defense, and what to expect at every step of the close — written by the officers who handle the files.
How do 1031 exchanges interact with California escrow? A 1031 exchange adds IRS timing, identification, and documentation steps to a standard California escrow. Because of this, you, your Escrow Company, and a Qualified Intermediary must coordinate funds, timelines, and closing instructions to keep the exchange compliant. If you are selling one investment property and buying…
What are typical escrow fees in California and who pays them? 805escrow’s Trusted Advice Typical escrow fees in California range by transaction size and complexity, and buyer and seller often split them by local custom or contract terms; however, your purchase agreement ultimately decides. If you are planning a home purchase or sale in Southern…
What delays escrow in California and how can I avoid them? What delays escrow in California and how can I avoid them? Escrow in California can be delayed by financing issues, incomplete documents, inspection problems, or title insurance concerns. To avoid them, stay organized, communicate clearly, and partner with a trusted escrow company like 805escrow.…
Congratulations! Your client found their home and their offer was accepted. You started the 30 day escrow process and you can cross your fingers with your client that everything will go smoothly. Truth is there will always be unexpected events that will delay the closing process. Here are some tips to prevent delays in the…
Whether you are an experienced real estate listing agent, you just got your license or you’re selling your home, this information is a great reminder or valuable basic knowledge for your first transaction. Welcome to Escrow 101 “Hey, our home is in escrow!” You often hear this from a homeowner with excitement which means they…