Our job during escrow is to manage the details, coordinate communication between parties, and make sure that money and property only change hands when everything is ready. #RealEstate #HousingMarket #InterestRates bit.ly/4cVRZpZ

The timeline varies depending on the complexity of the deal, financing requirements, and contingencies. #RealEstate #HousingMarket #InterestRates #MortgageLoans #Covina #Escrows #Escrow bit.ly/4cVRZpZ

In the housing market around Covina, a typical escrow closes in about 30 to 45 days. #RealEstate #HousingMarket #InterestRates #MortgageLoans #Covina #Escrows #Escrow bit.ly/4cVRZpZ

Throughout the escrow, we communicate with all parties to provide updates, request needed items and prevent unnecessary delays.

Closing escrow ensures that: 1. The buyer receives a clear title to the property and 2. The seller receives payment for the property. But wait, there's more! #RealEstate #HousingMarket #InterestRates #MortgageLoans #Covina #Escrows #Escrow bit.ly/4cVRZpZ

Closing escrow makes sure the lender’s interests are protected with proper documentation and that state and local requirements are met, including recording the deed and transferring taxes.

In closing escrow, we make sure both sides fulfill their legal obligations under the purchase contract. #RealEstate #HousingMarket #InterestRates #MortgageLoans #Covina #Escrows #Escrow bit.ly/4cVRZpZ

Without an escrow closing, the transaction isn’t legally complete. Escrow provides security, accuracy, and compliance at a time when major financial and legal decisions are happening. #RealEstate #HousingMarket #InterestRates bit.ly/4cVRZpZ

Common challenges during closing. #RealEstate #HousingMarket #InterestRates #MortgageLoans #Covina #Escrows #Escrow bit.ly/4cVRZpZ

While many escrows close smoothly, a few common issues can delay or complicate the process:1. Last-minute loan approval problems. #RealEstate #HousingMarket #InterestRates #MortgageLoans #Covina #Escrows #Escrow bit.ly/4cVRZpZ

Title issues, such as liens or unclear ownership, missing or incomplete paperwork, disagreements about repairs or credits and unexpected changes to terms (like closing dates or occupancy) can happen during closing.

Happy Memorial Day!

Selling a home without a real estate agent—commonly known as “For Sale By Owner” or FSBO—is an increasingly popular route for homeowners who want to take more control over the process and potentially save on commission fees. bit.ly/3SwRZ6B

While FSBO can offer flexibility and cost savings, it also means taking on responsibilities that would normally be handled by a professional. #RealEstate #HousingMarket #InterestRates #MortgageLoans #Covina #Escrows #Escrow bit.ly/3SwRZ6B

One of the most critical aspects of a real estate transaction is the escrow process, and for FSBO sellers, understanding how escrow works is essential. #RealEstate #HousingMarket #InterestRates #MortgageLoans #Covina #Escrows #Escrow bit.ly/3SwRZ6B

If you’re considering selling your home without an agent, here’s what you need to know about working with an escrow company and navigating the FSBO process with confidence. #RealEstate #HousingMarket #InterestRates #MortgageLoans #Covina #Escrows #Escrow bit.ly/3SwRZ6B

Escrow is a neutral third party that manages the funds, documents, and key transaction steps between the buyer and the seller. #RealEstate #HousingMarket #InterestRates #MortgageLoans #Covina #Escrows #Escrow bit.ly/3SwRZ6B

Think of the escrow officer as the central point of communication and documentation for the sale. #RealEstate #HousingMarket #InterestRates #MortgageLoans #Covina #Escrows #Escrow bit.ly/3SwRZ6B

Escrow officers do not represent the buyer or seller specifically but instead remain impartial to ensure everything follows state laws and the terms of the purchase agreement. #RealEstate #HousingMarket #InterestRates bit.ly/3SwRZ6B

At Eastland Escrows in Covina, California, we regularly assist FSBO clients with closing transactions smoothly, securely, and in compliance with California real estate law. #RealEstate #HousingMarket #InterestRates #MortgageLoans #Covina #Escrows #Escrow bit.ly/3SwRZ6B