| Central
Escrow, Inc. maintains nine offices and has a dedicated,
experienced staff of employees. A large percentage of
our escrow officers average 15 years of experience in
the escrow profession. This organization offers experience
with personal service in all phases of escrow
Central Escrow,
Inc. officers are solely devoted to processing escrow
without unnecessary delays. You'll find that these pioneering
officers show their expertise in escrowing all residential,
vacant land, commercial and industrial properties, and
they're experts in all-inclusive trust deeds, land contracts,
R.E.O., short sales, equity sharing and creative financing
transactions.
- Serve as
the communication link to all parties in the transaction.
- Prepare
escrow instructions.
- Request
a preliminary title search to determine the basis upon
which a title insurance policy may be issued.
- Request
a beneficiary's statement or pay-off demand relating
to existing financing.
- Comply
with lender's requirements, specified in the escrow
agreement.
- Receive
purchase funds from the buyer.
- Prepare
and secure the deed or other documents related to escrow.
- Prorate
taxes, interest, insurance and rents according to instructions.
- Secure
releases of all contingencies or other contiditions
as imposed on any particular escrow.
- Record
deeds and any other documents as instructed.
- Request
issuance of the title insurance policy.
- Close escrow
when all the instructions of the buyer and seller have
been carried out.
- Disburse
funds as authorized by insurance, including charges
for title insurance, recording fees, real estate commissions
and loan payoffs.
- Prepare
final statements for the parties accounting for the
disposition of all funds deposited in escrow.
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