Independent Benefits
Why Escrow of the West?
Why Independent Escrow?
Why Escrow Of The West?
There are many reasons to consider Escrow of the West for your next transaction. Escrow of the West is an Independent Escrow Company. Click Here for a full explanation of the benefits of being Independent.
Experience: With over 70 years of combined experience through our principals, Escrow of the West has the advantage of providing you with uncompromising peace of mind.
Ethics: Escrow of the West acts as a neutral party for all types of real estate transactions strictly following all ethical standards required.
Service: Our professionals can assist you with any real estate transaction. We provide personal service to each of our clients who may enjoy our expertise and our relentless energy to exceed customer expectations.
Staff: The ability to gather a team of experienced professionals that are knowledgeable and determined to serve you is a major factor that differentiates us from other escrow companies. Qualified staffs are a key in bringing transactions to a successful and expedient close. We see it as a prerequisite to put our clients’ interest first and strive to keep them updated of any progress.
Fees: Escrow of the West offers competitive rates without compromising the level of dedication and high level of service.
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Why Independent Escrow?
Escrow of the West is an independent escrow company. There are many advantages to an independent escrow company. These advantages come from the freedom to function independently with final decisions handled quickly and efficiently while giving the customer the needed security.
Independent Escrow Company is licensed by the Department of Corporations and all Trust funds are insured by the Escrow Agents' Fidelity Corporation.
The following table compares the different requirements between an independent escrow company and other escrow providers operating under different bodies:
| |
Independent |
Title Company |
Broker Owned |
Bank or Saving & Loan |
| Management |
5 Year experience as Escrow Officer |
No |
No |
No |
| Licensed By Department of Corporations |
Yes |
No, Regulated by the Department of Insurance. |
No, Licensed Through the Real Estate Broker by the DRE |
No, Regulated by the Department of Financial Institution |
| Annual Audit With no prior notice |
Yes |
No |
No |
No |
| Annual CPA Audit |
Yes |
No |
No |
No |
| Employees approved by DOC and department of Justice |
Yes |
No |
No |
No |
| Bonding Requirement |
Yes |
No |
No |
No |
| Req. for Financial Liquidity |
Yes |
No |
No |
No |
| Trust Fund Insurance |
Yes |
No |
No |
No |
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