5 Reasons Why You Need To Choose A Good Escrow Company

5 Reasons Why You Need To Choose A Good Escrow Company

5-reasons-why-you-need-to-choose-a-good-escrow-companyMany individuals usually undergo a lot of pressure during real estate transactions which is understandable given that they are such a complicated business transaction. There are various companies and professionals who are suited to assist in the process.

An escrow company will help you make your real estate transaction procedure more profitable for you. This is why you need to call upon the services of a well-reputed and professional escrow company to deal with your affairs accordingly and smooth out the entire process without any complications or delays. There are several reasons you should look for a good escrow company to make things easier for you.

1. Cost comparison

It is always good to have cost estimates for services such as title insurance, escrow services, or selling your home etc. and a good escrow company should be able to provide them. Most escrow companies usually give you a base fee quote and at the end of the transaction, surprise you with extra charges. It is advisable to ask about specific fees such as email, edoc, storage, doc prep, wire, messenger or overnight. Service is held to very high standards in the escrow business which is why you need to ensure you choose a company that prioritizes your needs first; whether it is through referrals or research.

2. Location

Location is everything when it comes to selling a home and this should also apply to the escrow company’s offices.  Even though you would not need to visit the escrow company’s office, the need might certainly arise in some cases. If you find an escrow office that is situated in the same area as your business transaction, you will have the advantage of knowing that these escrow representatives are in the know about real estate nuances that are location-based particularly to that area. This will prove to be very advantageous.

3. Resources and Experience

Find an escrow company that has lots of experience in the field. Ensure you review their experience through a quick call and use that chance to ascertain whether they meet your requirements in this area. Additionally, it is also important to know whether they have the necessary resources needed to meet your specific requirements. Also, get to know about their distinct value proposition.

4. Communication

Communication and good responsiveness are usually good determining factors of how well a company offers services. There are escrow companies that will give you information quickly and transparently and they often offer better and comprehensive services. If you find the company has a delayed response time and portrays their information in a vague manner this could be a sign of inefficient service.

5. Reputation

This is one of the most important reasons why you should choose an escrow company for your real estate transaction. Ensure the company does not have a penchant for unethical behavior and that it has a clean reputation. Research about a company and read its customer reviews to see other people’s opinions about their services. To receive proper service, choose a reputable, ethical, detail-oriented, and professional escrow company.

With these reasons in mind, choosing an escrow company should come easier to you now to ensure you get the best and the most out of their services.

Inland Empire Escrow provides escrow services for a diverse variety of real estate transactions.  With offices in Chino CA and San Bernardino CA, we quickly and professionally service all the surrounding cities such as Chino Hills, Ontario, Rancho Cucamonga, Upland, Riverside, Redlands, Colton, Grand Terrace, Yucaipa, and more.  To hear more about our escrow services for residential, mobile home, short sale, REO, bulk/business sale, 1031 Exchange, or agricultural escrow, contact us today at (800) 917-9387.