Our highly skilled escrow officers ensure that all aspects of the purchase agreement are complied with. Agents, buyers and sellers can expect timely coordination w/ lenders, title, homeowner associations and other necessary service providers. As problem solvers, we pay the utmost attention to the details to facilitate a seamless transfer of title and accurate close of escrow.
The Escrow Forum has successfully closed thousands of refinance escrows over the past 35 years. Our knowledgeable and experienced escrow officers quickly gather all necessary title, payoff and insurance information, debt pay statements, order loan documents and schedule signings to ensure funding of the loan for an "on time" close of escrow.
These escrows require a special expertise that we possess when working with an Accommodator to avoid "boot" and defer a gain on sale in accordance with Starker guidelines issued by the IRS to prevent a taxable event.
Purchasing bank controlled property presents unique circumstances in satisfying the requirements and instructions necessary to complete the transaction. Our escrow officers maintain a proactive grasp of the escrow from contract submission to closing. Each of these actions is done with diligence to promptly meet the demands from all parties such as multiple HUD revisions, problem identification and solution and cost control of service providers.
A unique form of mortgage requiring a great deal of knowledge and coordination between the loan agent and escrow officer as to the use of the loan proceeds. The method of the escrow process is very precise and must achieve complete agreement from the "estimated settlement statement" to the "final" version at the close of escrow. Our escrow officers must make certain that happens.