Senate Bill 931, providing California Short Sale Deficiency Protection, will go into effect on January 1, 2011. This new law states that existing lenders of record who have approved and agreed upon a short sale will not be able to obtain a deficiency judgment against...
During this time of Thanksgiving, all of us at Coachella Valley Escrow would like to express our sincere appreciation for our readers! Thank you for taking the time to read our blog and the wonderful feedback you provide. From our family to yours, we wish...
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 primary point of contact with escrow during...
In every purchase/sale of Real Estate, the buyer is granted title to the property from the seller through the delivery of a Deed. The escrow company/title company or an attorney prepares this Deed, and the Deed shows the seller, currently vested on title, is granting...
An Impound Account, also known as an Escrow Impound Account, is an account set up and managed by mortgage lenders to pay property taxes and insurance on behalf of the home buyer. These accounts are set up with the lender during escrow to ensure that...
Tuesdays, here at the Coachella Valley Escrow website, we post Technology Tips designed to help you, the REALTOR®, grow your business, keep up to date on the latest technologies, and move you forward into the new era of real...