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12501 Seal Beach Blvd #130
Seal Beach, CA 90740
Phone: 562-799-1490
Phone: 714-892-2923
Fax: 562-799-1494
Email: kim@citywideescrow.com
What is Escrow
 
“The principals to the escrow (buyer, seller, lender, borrower) cause escrow instructions, to be created, signed and delivered to us, the escrow agent. If a broker is involved, he or she will provide us with the information necessary for the preparation of your escrow instructions and documents.”
  How does escrow work?
 
The principals to the escrow (buyer, seller, lender, borrower) cause escrow instructions, most usually in writing, to be created, signed, and delivered to us, the escrow agent. If a broker is involved, he or she will normally provide us with the information necessary for the preparation of your escrow instructions and documents.
 
We process the escrow, in accordance with the escrow instructions, and when all conditions required in the escrow have been met, the escrow will be "closed." Each escrow, although following a similar pattern, will be different in some respects as it deals with your property and the specific transaction at hand.
 
Our duties include: following the instructions given by the principals and parties to the transaction in a timely manner; handling the funds and/or documents in accordance with instruction; paying all bills as authorized; responding to authorized requests from the principals; closing the escrow only when all terms and conditions have been met; and distributing the funds in accordance with instructions and providing an accounting for same-the Closing or Settlement Statement.
   
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