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WHY YOU NEED ESCROW
Escrow is a regulated third party entity that receives and
disburses funds and collects documents required by the parties involved in the
transaction (i.e. lenders, title companies, buyers, sellers, brokers/agents) to
facilitate the closing of the transaction. Closing is the conveyance of title
or the issuance of a deed. Escrow is needed to ensure all related parties that
all required instructions are met before any funds are disbursed and any title
is conveyed. Currently, City Escrow is proud to offer services for refinance
transactions, resale/purchase transactions, commercial transactions, tract/lot
transactions, bulk sale transactions, and ABC/liquor license transactions.
WHY CITY ESCROW IS THE BEST CHOICE
At City Escrow, an experienced and courteous staff is the
foundation of our company. We pride ourselves in employing only the finest and
most qualified escrow officers and assistants to handle your escrow needs. Our
escrow officers have an average 15 years escrow experience and are trained to
be customer service driven. Additionally, we speak a variety of languages to
facilitate communication: English, Spanish, Cantonese, Mandarin and Vietnamese.
WHY YOUR FUNDS ARE SAFE WITH CITY ESCROW
City Escrow has made it a priority to ensure the safety of your
funds and assets. We are an independent escrow company and have no affiliation
to any real estate, mortgage or title companies. As an independent escrow
company, there are no outside entities that may unfavorably influence your
escrow.
We comply with all regulatory insurance and bond requirements and
carry an additional errors and omissions insurance policy for added protection
on your escrow. We also obtain fingerprints and conduct background checks with
the Department of Justice on all of our staff for additional security.
WHY THE ESCROW PROCESS IS MORE CONVENIENT
WITH CITY ESCROW
City Escrow is a pioneer in making the escrow process
uncomplicated and convenient. We have automated our process and delivery system
so that documents can reach you and necessary parties in a timely manner. Our
delivery time for important documents is 24 hours through express mail services
or same day by messenger. When escrow closes, City Escrow can have the funds
wired to the seller and necessary parties immediately. When loan documents are
ready, we have a mobile sign-up service that can go to the buyer's home to
notarize and explain loan documents.
Additionally, City Escrow has made it a mission to streamline the
escrow process through the use of technology. Our automated technology allows
us to obtain and relay information to our customers in the most efficient and
least intrusive manner. In addition, our streamline system allows us to
communicate efficiently with lenders, insurance companies, and title companies.
Each of our offices has the ability to receive loan documents online, thereby
cutting down on delivery time and costs. Similarly, all clients may check their
escrow instructions, payoffs or prelims online. As City Escrow has resolved the
"bottlenecking" associated with current escrow practices, it realizes a high
efficiency rate, which in turn results in better customer service and lower
rates for our clients.
In short, City Escrow offers speed,
efficiency, reliability, convenience, and safety at a low price.
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