EscrowCoord.com would like to welcome the Agents at Realty World Homesellers.com to our ever-growing family here at EscrowCoord! Eddie Azzopardi, Patrick Carmichael, Kathleen Azzopardi, Ken Nichols, and Jivka Dimitrova.... Welcome!
Escrowcoord.com would like to take a minute and welcome Michael Lane of Pacific Union and Chrisite's International to the Escrowcoord.com services! Congrats to Michael....welcome to Escrowcoord!
EscrowCoord.com would like to welcome Realty World-Homesellers.com to the ever growing EscrowCoord family! We at EscrowCoord are so excited for this partnership and are looking forward to the transactions ahead!
We have many agents who use our Transaction Coordination (TC) services even though an in-house Coordinator is provided through their broker.
We offer more comprehensive services so busy agents can focus on what they do best…showing properties, listing homes and writing offers.
Let’s face it, there’s a lot of activities to accomplish during a pending sale! If you’re a top producing agent with 10 or more pending sales, you don’t have time to waste chasing down paperwork and performing administrative duties.
EscrowCoord.com systems by-pass agents’ involvement. Because of our extensive knowledge and experience, we often solve problems that most agents can’t.
Many in-house Coordinators who have poor systems and support, are limited in time to do much other than send out a list of missing items to you at the very end of the transaction. Running around in the last minute trying to gather the required paperwork so you can paid is frustrating.
Our outstanding TC services take over most of the pending sale activities. Agents produce more sales, which means we get to work on more transactions…It’s a win-win!
Compare us with your current Coordinator services.
EscrowCoord.com TC Full Service
- Open escrow (contact escrow officer for escrow number)
- Create a team and action worksheet (timeframes) to distribute to team members
- Loan Docs/Pre-Approval/Approvals
- Contingency Removals
- Natural Hazard
- Home Warranty
- Escrow/Title Reports/CCR’s HOA docs
- Title and termite reports
- 4 minimum file audits for BRE/Broker compliance
- Prepare and Deliver
- Documents for e-signatures
- Communicate with other team members (updates, doc requests and problem solving)
- Deliver timely reminders for key due dates
- Deposits/Increased Deposits
- Contingency removals
- Create an electronic file for closing (contracts/disclosure/reports/final HUD1/emails)
We want to welcome Mark Lafferty of Keller Williams Tri-Valley to our ever growing list of satisfied agents! Mark recently used our services for a transaction here in the Bay Area! Mark's hard work showed through to be our first closing of 2015! Cheers to 2015 and all it has to offer Mark and EscrowCoord.com! We look forward to continuing to work with you Mark!
Stuff a Buyer Should Sign Off on a Title ReportI just had an email conversation with one of my TC's that work with me regarding title report items and thought I'd share it with you.
If you've read my blogs or taken my class, then you know I always encourage EVERYONE on the team to read the title report.
What we look for are unusual liens, easements, road maintenance agreements and future development. Once these are identified, we ask the escrow/title officer to pull up the fully recorded document for the buyer to review and sign off on.
This is important! It's not good enough that they sign only the title report during their sign-ups. We want to make is abundantly clear what the buyer can anticipate once escrow is closed. This should occur PRIOR TO THE REMOVAL OF THE INSPECTION CONTINGENCY!
Our situation today was a pending litigation lien that was on the title report.We asked the escrow officer for more information on it and fortunately the lien had been dismissed. The question was do we need the buyer to sign off on items like this?
My answer is no because liens technically should be removed from title the moment we record and transfer of ownership occurs. We want the buyer to only sign off on title report items that will remain in effect AFTER close. The exception to this rule would be a bond or other tax related lien.
Hope this helps!