All about La Verne

Founder and owner Jan Perez has been working in the financial industry since 1982. After establishing Exact Escrow in 1999, she and her team have built a reputation as a friendly, professional, detail-oriented escrow company, working with mortgage lenders and real estate firms as well as independent clients in and around the La Verne area. Today, they manage escrow accounts for home buyers throughout the San Gabriel Valley.

History of La Verne

The City of La Verne was founded in 1887 and incorporated in 1906. It is nestled in the foothills of the San Gabriel and Pomona Valleys, approximately 35 miles east of Los Angeles. La Verne boasts a population of more than 33,000. Although it is considered part of metropolitan LA County, it remains a “close-knit” bedroom community, which fights for its “small town” traditions and virtues.

La Verne Features

In addition to single family homes, La Verne is home to eight mobile home parks and three large retirement communities. As a result, the city has lots of senior citizens. With an influx of new upscale housing during the past two decades, the city also enjoys a large clientele of school-age youth. The city provides a full range of services:

• Police
• Fire
• Water
• Streets
• Planning
• Parks
• Community services

Government in La Verne

Operating under a council-manager form of government, the city is a municipal corporation. Citizens are shareholders. Elected representatives of its citizens, the La Verne City Council develops and establishes ordinances and policies and acts as a part-time board of directors. They appoint a city manager to conduct the city’s day-to-day affairs. Citizen commissions advise the Council on planning, senior affairs, drug & alcohol resistance and beautification.

Escrows in La Verne

An escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in a secure account, which is released only after terms of an agreement are met, as overseen by the escrow company. Call today to speak directly to an escrow agent.