PACIFIC

COASTLINE

ESCROW

Specializing in Residential & Commercial Escrow Services.

Our mission is to provide constant communication, compassion, and education in order to make buying and selling simple for our clients.

Pacific Coastline Escrow is a financially secure Department of Financial Protection & Innovation (DFPI) approved escrow company that is fully bonded and insured.

Click Here to Open Escrow

Link to Create Seller Net Sheet

SERVICES

PROVIDED

First Responders & Military Discount Page Link

Fire Victims

Purchases Page Link

Refinances Page Link

Real Estate Agents Page Link

Loan Officers Page Link

Services Provided:

Residential Sales

Short Sales

New Construction

REOs

Commercial Sales

Relocations

1031 Exchanges

FSBO

Vacant Land

Refinances

Trust Sales

Notary/Mobile Notary

Probate

First Responders Discount

services provided

THE ESCROW PROCESS

What Is Escrow?

When the decision is made to purchase a property, terms and conditions are established for the ownership transfer of that property. These terms and conditions are given to a third party known as the escrow holder. The escrow holder acts for both parties and protects the interests of each within the authority of the escrow instructions.

How Does the Escrow Process Work?

The escrow is a depository for all monies, instructions and documents necessary for the purchase of your home, including your funds for down payment and your lender's funds and documents for the new loan. Generally, the buyer deposits a down payment, and the seller deposits the deed and any other necessary documents with the escrow holder. Prior to close of escrow, the buyer deposits the balance of required funds with the escrow holder. The escrow holder delivers the monies to the seller and forwards the deed to the title company for recording. The title company notifies the escrow holder that a policy of title insurance can be issued, showing title to the property is vested in the name of the buyer. The escrow holder handles the prorations and adjustments on any fire/hazard insurance, real estate taxes, rents, interest, etc., based on the escrow instructions of both parties. Escrow is completed once all terms and conditions have been satisfied and all parties have signed escrow documents.

How Do I Open an Escrow?

Your real estate agent will open the escrow for you. As soon as you execute your purchase agreement/joint escrow instructions, your agent will place your initial deposit into an escrow account with a closing company, such as Clearmark Title.

Broker calls or appears in person to give information needed to open escrow

Prepare escrow instructions and pertinent documents; mail or deliver to all parties

Escrow orders title search

Obtain signatures

Process financing.

Existing financing. OR New financing.

Receive and review

preliminary title report

Request beneficiary statement

and/or assumption paperwork

Borrower makes new loan applicationand/or assumption paperwork

Escrow researches any liens, judgments, etc. appearing in the title report, in addition to loans of record

Review terms of transfer and current loan status

Escrow checks with lender periodically to coordinate loan status & escrow documents

Escrow orders and reviews demand for payoff

Determine whether lender's prior approval is required for transfer

Escrow obtains terms of loan approval and requests new loan documents

Escrow audits the escrow file to determine that all conditions have been met and that all documents are drawn properly and valuable for borrower's signatures.

(i.e: any contingencies are released; termite inspection/completion are in order; fire insurance policy is ordered; any required grant deed, second trust deeds and notes, bills of sale, etc, are in order)

Escrow "pre-figures" the file to determine either the approx. amount of proceeds, or the

amount of money required to be deposited to close escrow

Escrow researches any liens, judgments, etc. appearing in the title report, in addition to loans of record

Escrow contacts borrower for appointment to sign and deposit funds, if required

Title officer reviews documents and "dates down" the file in preparation for recording

Return signed loan documents to lender with written request for loan funds

Underwriter/funder reviews the loan file and gives OK for funding

Documents record at escrow's request; loan proceeds are disbursed to escrow; payoffs made

When all conditions are satisfactory, escrow requests loan funds from the new lender

New loan funds are sent to title company

Escrow authorizes title to record documents

Escrow prepares final settlement statements and disburses funds, forwarding final closing documents to all parties

Link to Download "Life of an Escrow" PDF Handout

escrow process

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OUR TEAM

Pacific Coastline Escrow is a company with some of the best and brightest senior escrow officers in the industry. With decades of collective experience, Pacific Coastline is the best choice in Los Angeles for helping you secure your most important asset.

Our reputation of providing the highest possible service is just one benefit you can expect when choosing us as your escrow officer. We offer quality escrow services throughout all of Southern California. Our clients receive the highest level of service from our knowledgeable escrow officers, support and sales staff. With decades of collective experience, Pacific Coastline is the right choice for helping you with your escrow needs. We look forward to meeting you soon and building a lasting business relationship together.

our team

testimonials

TESTIMONIALS

David Abas

The Abas Group

"I highly recommend Pacific Coastline Escrow. They really cares about my clients and it comes across in the way they conducts business. I have used several great escrow companies over the years and Pacific by far has provided me with immediate attention. They pay special attention to detail and are always happy to help. They are always responsive, whether it’s during normal business hours or after hours. This is very important to have as a Realtor as my job never stops and I like to get my clients’ immediate answers."

Filip Crispino

La Familia Team

"Pacific Coastline Escrow is an excellent escrow company. Dawn and her team have been handling our escrows and she is a very knowledgeable and reliable escrow officer. They go above and beyond to service our escrows and take wonderful care of our clients. We really enjoy working with them and her team and we highly recommend Pacific Coastline Escrow."

Robert & Jennifer Maraia The Maraia Group

"The Pacific team are great! They are communicative and efficient. They have the ability to recognize potential issues and advise accordingly, giving all parties an opportunity to correct the issue before it gets worse. They have great "bedside manner" as well - always very courteous to the realtors as well as their clients and always smiling! I look forward to many more successful escrows with Pacific Coastline Escrow!"

Robb & Nikki Friedman

Luxury Agents

""The entire Pacific team is amazing! We have done multiple transactions with them and have been equally impressed every time. They know their business and takes the stress out of the whole process with her efficiency and overall nice personality!