YOUR TRUSTED PARTNER
Why
Choose Us?
Most real estate transactions in the State of California utilize the services of an escrow company. Ironically, escrow remains one of the least understood elements of the real estate process.
What many consumers don't realize, however, is that they are entrustings this escrow company to safeguard their funds being held in trust.
It is crucial, then, that the broker, lender or consumer make a knowledgeable and informed decision in choosing an escrow company.
At United One Escrow, we understand that selecting the right escrow partner is crucial for a seamless real estate transaction. Here's why we stand out from the rest:
Expertise and Experience
With decades of combined experience in the escrow industry, our team of seasoned professionals possesses in-depth knowledge of Southern California's real estate market. From residential purchases to complex commercial transactions and 1031 exchanges, we have the expertise to handle every aspect of your escrow with precision and efficiency.
Trusted Partner
We prioritize trust and integrity in all our dealings. Our clients rely on us for transparent and secure escrow services, ensuring peace of mind throughout the transaction process. We are committed to maintaining the highest ethical standards and building long-term relationships based on mutual respect and reliability.
Personalized Service
e believe in personalized service tailored to meet the unique needs of each client. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, our dedicated escrow officers provide attentive guidance and support at every step. Your satisfaction is our priority, and we strive to exceed your expectations with prompt communication and meticulous attention to detail.
Technology and Innovation
We leverage advanced escrow management technology to streamline processes and enhance efficiency. From secure online document signing to real-time transaction updates, our state-of-the-art tools ensure a smooth and seamless experience for all parties involved. We are committed to staying at the forefront of technological advancements to deliver superior service and convenience.
Independent Escrow
For this reason, the property buyers and sellers often go with the lender or real estate broker to suggest them as an escrow company. Most buyers don’t recognize that they assign independent escrow companies to protect their funds with utmost trust. The escrow holder is primarily liable to ensure that all the essential guidelines stated in the agreement are properly implemented and protect the consumers’ interests.
The escrow holder must stay unbiased during the entire escrow process to a reasonable representation of all parties. Hence, the buyer, lender, the broker must make an educated judgment while electing an independent escrow company.
Licensed vs. Controlled Independent Escrow
In California, all the escrow companies can be categorized into Licensed or Controlled. The licensed independent escrow companies are licensed by DFPI (California Department of Financial Protection and Innovation. The license controls the company practices and procedures and disciplines them to stringent obligations intended to safeguard clients.
Controlled escrow companies are those non-licensed enterprises owned by various entities like banks, mortgage brokers, savings and loans, title insurance companies, real estate brokers. These Controlled Independent Escrow Companies have widely varying regulations and obligations and fall under the authority of several supervising agencies. However, none of the controlled escrow companies are imposed with stringent policies like the licensed escrow companies have.
Heading 5
Security
Very few people would consider closing a real estate deal without using the services of a neutral third party known as an escrow holder. The risk would be too great. An escrow officer holds all of the documents and money in an escrow account and ensures everything is recorded as required. The escrow officers ensures that all obligations are met by both the seller and buyer before and documents (title and deed) or money exchanges hands. An escrow company can hold the documents and money and distribute without either party having to trust the other. This is a clear advantage to using an escrow company to help prevent against fraud. Additionally, your personal information, which is necessary for real estate transactions, will be kept secure when using a reputable escrow service. This information includes bank account numbers, social security numbers, and credit and loan account numbers.
Wire Transfer Fraud Protection
Wire fraud is one of the big ways home buyers can have their money stolen. Using an escrow company and doing all of your business through a brick and mortar location can protect against wire fraud. An escrow company that has a location you can call or visit means you will be less likely to lose money through wire transfers. If you are doing business with a reputable escrow company, always call the company to make sure any digital information you receive is legitimate. Your escrow company will always have the latest information available and will be able to let you know if you are getting messages that look legitimate but are, in fact, attempts to fraud you.
Neutral Third Party
A licensed independent escrow company is the best practical neutral third party to carry out your real estate contract. Whether you are searching for one for yourself or suggesting one to a consumer, a licensed escrow company gives you the best aid.
Regulatory Organization
Escrow firms are regulated by the Escrow Law, mentioned in Division 6 of the California Financial Code, and controlled under Title 10 of the California Code of Regulation. Any escrow license-related questions should be directed to the Department of Financial Protection and Innovation, 320 Fourth Street, Suite 750, Los Angeles, California 90013.
Bonding
Escrow Agents License Bond and license-authorized affiliation in Escrow Agents’ Fidelity Corporation, a California non-profit communal benefit corporation, is discovered in the California Financial Code, Section 17312. Maintenance requirements of tangible net worth and overflow of liquid assets are set down in Section 17210 of the California Financial Code.
Our clients love us because
we love what we do.
Discover the voice of our satisfied clients. See firsthand the experiences they've had with United One Escrow. Their words speak volumes about our commitment to excellence.