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escrow officers: What is an Escrow Officer? - 07/11/07 03:43 PM
I am always surprised to hear "What is an Escrow Officer?". I can't believe I still get asked that question. But I know there are still some out there that have No Idea what an Escrow Officer is nor what an Escrow Officer does.
Escrow officers facilitate the sale or refinancing of a property by receiving, holding, and transferring funds, deeds, and other legal papers in accordance with agreements made between buyers and sellers or the lender's instructions.
Escrow Officers or Settlement Agents are the head of a real estate transaction. We process most of the paperwork involved in a refinance or sale transaction. We coordinate … (13 comments)
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escrow officers: Property Disclosure Report - 07/11/07 12:10 AM
I am often asked if it is necessary to obtain and deliver property disclosure reports to a buyer, although the property is being sold "AS IS".
Well, California has several laws regarding natural hazard, property tax and environmental disclosures during a real estate transaction.
In general, there are two types of disclosures:
1. Actual Knowledge
You are required to disclose "actual knowledge" if you know of issues that affect the value or desirability of your property. Possible examples are drainage problems or an old heating oil tank on your property or the stone quarry 5 miles down the road whose trucks rumble by at 6:00am every weekday morning. … (6 comments)
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escrow officers: It is NOT my job... - 07/07/07 08:32 PM
As an Escrow Officer, I run into daily requests for things that are NOT within my job description.
I already have a lot to do as an Escrow Holder. But over the years, in order to obtain more business from real estate agents and brokers, Escrow Officers have been taking on more and more responsibilities that are not within their duties. As a result, MOST not ALL, Real Estate Agents and/or Brokers have stopped doing their job and are getting lazier and lazier each day. Mind you, Real Estate Agents get paid at an average 3% to 6% commission off of the … (18 comments)
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escrow officers: Getting Started in Escrow/Settlement - 04/05/07 02:39 PM
How can someone enter into escrow or real estate settlement profession. Would they be suited to the job or would they like the business? Young professionals, stay-at-home moms, even seasoned account executives all ask the questions:
What requirements are needed to enter into the escrow profession? What does the job entail? How do I know if escrow is suited to my interest and abilities? How do I get started and where do I go for information? A common problem that prospective escrow employees find is that when applying to a title, escrow or closing company for employment, they are told that without experience in … (9 comments)
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Luisa Orellana, Escrow Officer, Granite Escrow
Los Angeles,
CA
More about me…
Granite Escrow
Address: 439 N. Canon Drive, Suite 220, Beverly Hills, CA, 90210
Office Phone: (310) 288-0110 x 2606
Email Me
I am here to give you my thoughts and opinion about pretty much anything. So hope you enjoy my posts! Please let me know how I'm doing and don't be afraid to leave your comments.
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