Most parties enter the escrow process with little or no understanding of what it is or what to expect. The dictionary will tell you that an escrow is defined as a secure and neutral holding place for the documents and funds that are used to complete the transfer of real property.

Escrow Documents Made Simple

In the early days following the opening of your escrow, you can expect to receive a package of documents and forms from your escrow officer. Here we provide a description of these documents and a simple explanation of what they mean.

A Guide to Understanding Property Inspection Reports and Disclosures

The important property inspection and disclosure process will be underway as soon as you sign the purchase contract. Your contract and state law require most Sellers to disclose information about the property to the Buyer.

Escrow Documents Made Simple

In the early days following the opening of your escrow, you can expect to receive a package of documents and forms from your escrow officer. Here we provide a description of these documents and a simple explanation of what they mean.

The escrow closing day is the conclusion of a process which, over days, weeks, or perhaps months, has required the cooperation and energy of many professionals and the Buyer and Seller. It is the final moment when the Escrow Officer, much like the “hub of a wheel”, ties together the various parts of the transaction and makes final arrangements for the transfer of title from Seller to Buyer.

The escrow closing is an important event in the lives of all the parties. If you are the Seller, you have your proceeds check and are on your way to another home, perhaps in a faraway destination. If you are the Buyer, you have the keys to your new home and are busy with the many details of moving. But did you know that there are several post-closing activities which may need your attention? Check these lists for information which may concern you.

The final days before the closing of escrow are by far the busiest for the escrow officer and all other parties. At this point, all property disclosures have been delivered, any contingencies to the sale should have been satisfied, and the escrow officer has gathered most of the documents required to meet all closing requirements.