Blog
Fiduciary Duty in Action
Every real estate transaction depends on trust. Buyers and sellers place their money, documents, and expectations into the hands of one neutral...
Contingencies and Escrow
Managing contingencies isn’t just about tracking dates; it’s about anticipating what could come next. We review each file at intake to identify potential timing conflicts or complex conditions. For instance, a “sale-of-other-property” contingency linked to an out-of-state escrow may require longer timelines. We note those early and communicate them clearly to everyone involved.
Commercial Escrow
When municipalities require new occupancy permits, escrow can coordinate with local agencies to confirm final approvals before releasing funds. That attention to detail prevents last-minute surprises that could jeopardize a million-dollar closing.
Escrow Account Surprises
It’s important to remember that “fixed-rate” refers to the interest rate, not the total monthly payment. Your principal and interest may remain steady for the life of the loan, but escrow may fluctuate based on actual costs. That’s why many homeowners are sometimes caught off guard by increases. By understanding the moving parts, you can manage expectations and budget effectively.
Double Escrow
This occurs for various reasons: investor flips, timing a house sale and purchase for tax or market considerations, or when someone wants to lock in a buyer while also selling.
Bogus Escrow Schemes
Red Flag: Bogus Escrow Schemes and How to Spot Them When buying or selling property, escrow provides peace of mind. The neutral third party protects...
Investment Property & Multi-Family Escrows
Many investors use 1031 exchanges to defer capital gains taxes when selling one property and buying another. Escrow plays a key role in making this happen.
Cash Matters
Even when buyers and sellers trust each other, real estate transactions are complex. Escrow provides a professional layer of communication and accountability that prevents misunderstandings and helps resolve issues quickly.
Escrow and Solar Panels
What Sellers and Buyers Need to Know About Escrow & Solar Panels Solar panels add value, improve energy efficiency, and reduce utility bills....
Teamwork Makes the Dreamwork
At Exact Escrow, we coordinate directly with your lender to ensure all loan conditions are met. We review the instructions carefully, prepare final closing statements, and schedule signings. Once everything is in place, we confirm wire transfers, manage final approvals, and send the completed file to title for recording.
Second Homes: Vacation Property Sales
What You Need to Know About Escrow for Second Homes Summer is one of the busiest seasons for vacation home purchases. Longer days, school breaks,...
Summer Real Estate Surge
Summer is one of the busiest times of year for real estate in Southern California. Families aim to move before the new school year, inventory tends...
Home Ownership for Unmarried Couples
Escrow is one of the most important parts of the home-buying process, especially for unmarried couples. At Exact Escrows, we help buyers navigate the closing process with transparency, precision, and care.
Interest Rates & The Spring Housing Market
What Buyers and Sellers Should Know About Interest Rates and the Spring Housing Market Spring has always been a busy season for real estate. And...
Realtor’s Escrow Company: Do You Have to Use Their Choice ?
While both are legal and capable of handling transactions, independent escrow companies are completely neutral—which means there’s no potential for a conflict of interest. That’s a big reason why many clients in La Verne and throughout Southern California choose to work with us.
A Primer on Real Estate & Property Taxes
If you’re considering buying or selling a home in La Verne, navigating the complexities of property taxes and real estate transactions can be challenging. That’s where professional assistance can make a significant difference. Exact Escrows, with our deep understanding of local property tax regulations and real estate processes, is here to help. Our team can guide you through the intricacies of property transactions, ensuring a smooth and informed experience.
Rental Market Trends in La Verne, California – Now is the Time to Buy!
For property investors, the strong rental demand and rising home values in the area could present attractive opportunities. The significant year-over-year increases in rent prices, particularly in the San Gabriel Valley, suggest potential for strong returns on investment properties.
Fires: Navigating the Aftermath for Southern California
Keep All Receipts. Save receipts for any expenses related to your displacement or property protection. This includes hotel stays, meals, and temporary repairs.
Tenant to Homeowner: How to Buy a Home in 2025
While the traditional 20% down payment might seem daunting, you have options. FHA loans, for instance, require down payments as low as 3.5%. Here are some strategies to build your down payment fund:
Market Trends to Watch for in Real Estate 2025
Steady economic growth of 2.2% through 2026 provides a solid foundation for the housing market. Additionally, job creation is projected to add nearly 2 million positions in 2025, which will enhance purchasing power and boost consumer confidence in real estate.
Escrow in FSBO (For Sale By Owner) Transactions
FSBO: Selling Your Home Without a Realtor? How Escrow Helps FSBO Transactions Stay on Track Most real estate transactions are facilitated by...
Holiday Home Buying Benefits
Sellers who list properties in December usually need to complete transactions before year-end. Data shows that 82% of December sellers negotiate more readily compared to peak season sellers. Tax considerations and relocation requirements drive this motivation.You can take time to evaluate properties and structure compelling offers because of reduced competition. Fewer competing buyers give you the advantage to properly assess properties.
Why you should buy a home instead of renting
Home ownership is part of the American Dream. However, thanks to rising prices, tight lending practices and reduced inventory, the dream is...
Digital Security Matters
Tragically, one of our customers recently told us about a couple who lost their entire life savings in a wire fraud scam. Believing they were...
Make 2020 a Banner Year for Real Estate Sales
As we close the books on 2019, you probably wonder how you can make 2020 your best year ever for real estate sales. Realtor.com reports...
How to Sell a House During the Slow Season
Are you a real estate agent who has some great listings but dread the prospect of holding onto them until spring? Rest assured, it is possible to...
Organize a Successful Open House for Your Client
An open house is a marketing tool often used by sellers to spread the word about the sale of a house to large numbers of potential customers. As a...
Escrow: Under Control
During the often long, complicated, emotional process of buying or selling your home, you probably don’t think much about the people who service...
Pros & Cons of Selling Your House in the Summer
Depending on your perspective, summer is arguably the best (and worst) time of the year to sell a home. But few would argue it’s the busiest. In...
3 Reasons Baby Boomers Should Downsize
People born between 1946 and 1964 have worked their way up corporate ladders, built businesses and raised families for 30 some odd years. Determined...
Interest Rates Are Down: Buy Now!
After years on a steady incline, interest rates are finally starting to come down, which makes now a great time to apply for a loan. Tim Lucas...
Why Spring is the Perfect Time to Buy or Sell a House
After months of high rates and slow sales, home buyers and sellers can collectively breathe a sigh of relief and get ready for what promises to be a...
Why You Should Buy a Home
In our line of work, we hear people wonder about the wisdom of entering the housing market. After all; alarmist financial pundits decry high...
How to Avoid Wire Fraud
One of the drawbacks to living so much of our lives online is that digital activity puts us at risk. What’s more, as businesses further digitize,...
La Verne Escrow
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...