Escrow

Important Escrow Terms: What is a Contingency?

Jan 20, 2017 / Escrow

There’s certain content that becomes dated, and there’s other content that remains a staple in our industry. Terms and concepts within the world of escrow definitely fall into the ‘staple’ camp. Years back, we wrote…

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CAL FIRPTA WITHHOLDING

Jan 9, 2017 / Escrow

The Foreign Investment in Property Tax Act (FIRPTA) is a certificate of non-foreign status. FIRPTA addresses the disposition of U.S. real property interest by a foreign person. Section 1445 of the Internal Revenue Code requires that…

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LA DBS 9A Fee Update

Jan 3, 2017 / Escrow

Take note of these important changes! An increase in the fee for the report was effective December 11, 2016 and 9A reports will now have a non-refundable service fee when using a credit card for…

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SB 407 Water Conservation Update

Dec 19, 2016 / Escrow

Starting January 1, 2017, water conservation retrofitting goes statewide for single family dwellings. All homes built on or before January 1, 1994 are required to update to complying water conserving fixtures on or before January…

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Escrow Terminology 101

Oct 17, 2016 / Escrow

The language of escrow and the real estate transaction doesn’t need to be a stumbling block; once you know the terms, these words become what they are meant to be – valuable tools to help…

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For Sale By Owner – What’s Involved?

Jun 27, 2016 / Escrow

Most often, when a property sells, the transaction is negotiated and the purchase agreement is put together by the real estate agents representing the buyer and seller.  The real estate agents also act as the…

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