Posts Tagged ‘california escrow’
What happens if the buyer’s loan is denied during California escrow?
What happens if the buyer’s loan is denied during California escrow? If the buyer’s loan is denied during escrow, the transaction may be delayed or canceled depending on the contingencies in place. However, escrow and title insurance professionals can help guide both parties through the next steps. When buying a home in Southern California, one…
Read MoreWhat documents do I need to open escrow in California?
What documents do I need to open escrow in California? You’ll need identification, the purchase agreement, and financial details to get started. Opening an escrow account is one of the most important steps in a real estate transaction. Whether you’re buying or selling property in Southern California, working with a trusted escrow company like 805escrow…
Read MoreHow do 1031 exchanges interact with California escrow?
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…
Read MoreWhat are typical escrow fees in California and who pays them?
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…
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