Escrow acts as a neutral third party that holds and manages funds and documents between buyers and sellers. It ensures both parties meet all contractual obligations before the transaction is completed.
Typically, the escrow process lasts 30-45 days, but it can vary based on the complexity of the transaction and any unforeseen issues that arise. Delays are possible due to financing, appraisal, or title issues.
The required documents may include the purchase agreement, financing information, title documents, and personal identification, among others. Your escrow officer will guide you on specific paperwork needed.
While the agent often recommends an escrow company, as the buyer or seller, you have the right to choose the escrow company that best suits your needs.
Funds in escrow are held in a secure, neutral account and only released when all conditions of the sale have been met, ensuring the buyer and seller comply with the contract.
While our main offices are in Southern California, including Newport Beach, Beverly Hills, Brentwood, Seal Beach, and Encino, we provide escrow services throughout California thanks to our advanced technology. We handle transactions across major cities like Los Angeles, Orange County, Laguna Beach, and beyond.
We manage a wide variety of real estate transactions, including:
If you can transact it, we can close it!
Explore Our Escrow Services
Confidentiality is one of our core values. We are licensed and regulated by the Department of Financial Protection and Innovation (DFPI) and bonded through the Escrow Agents Fidelity Corporation. Our proprietary PE Pro tool ensures secure communication, real-time updates, and eSignature capabilities, safeguarding your privacy throughout the escrow process.
Portfolio Escrow stands out due to our commitment to high-end service, confidentiality, and state-of-the-art technology. We offer:
The escrow process involves a neutral third party (the escrow company) managing the transfer of funds and documents between the buyer and seller. At Portfolio Escrow, we:
Yes! We assist sellers who are managing transactions without a realtor. Our team guides you through the legal and transactional details, ensuring your sale is completed smoothly and securely.
Absolutely. We specialize in managing high-end and complex transactions, including luxury homes, commercial properties, and multi-million-dollar deals. Our team has the experience and expertise to navigate even the most challenging transactions with ease.
Escrow fees typically consist of a base price plus a percentage of the property sale price. The exact cost varies based on the type and complexity of the transaction. For more specific details on fees for your transaction, please contact us.
Our proprietary PE Pro tool provides real-time updates via text or email, so you are always informed. This paperless system ensures transparency, efficiency, and secure communication throughout the entire process.
Getting started is simple. You can request a quote directly through our website or contact one of our offices in Newport Beach, Beverly Hills, Seal Beach, Encino, or Brentwood. We’ll guide you through the next steps based on your specific escrow needs.