These days, it can be difficult to spot what is official from what is phony. With new scams and schemes coming out every day, we have to do our best to take every precaution before handing out personal and financial information. While many of...
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Buying or selling a home can feel like a never-ending process. While it is natural to want to skip to the finale, it is important to know that simply closing escrow does not mean all the work is done. You can take comfort in...
If you are in the process of buying a new home, you will likely soon run into the concept of holding title on your property. In real estate, a title is required to show ownership of the land and home. After a sale, the...
Anyone looking at purchasing a property should go down every avenue to assure they are making the best decision for their bottom line. One of the best ways to get the best value for your investment is to explore the option of purchasing a...
It is no secret that the word “cancellation”, when used in reference to the sale of a home or property, can strike fear in everyone involved in the deal. This fear is likely reasonable given the ramifications of a potential stalemate when the cancellation...
As a small business, you want to make sure you’re doing everything right. This includes a long list of tasks throughout the year. Depending on how you’ve run your business and kept track of all of your transactions, taxes are one part of the...
Big financial agreements require a certain level of protection. Escrow, fortunately, offers this kind of protection for both buyers and sellers. When considering the sale of a business, property, or deliverable working arrangements, escrow acts as a protective intermediary for the financial aspect of...
Buying a house can be a stressful experience. It takes a lot of time and effort…not to mention money to find the home you always wished for. Heartbreakingly, the dreams of many have become a nightmare thanks to mortgage scams. Scammers are preying on...
We tend to end each year with the mantra, “New year, new me!” Well, this war cry isn’t just for you. Businesses take the beginning of the year as a clean slate as well. A new calendar year is an ideal time to take...
Are you a struggling business in California considering a bulk sale (or bulk transfer)? While you might just want to overload everything you own and be done, there are still some rules you have to follow. If you are looking to get out of...
Saving for retirement always manages to sneak to the back of our minds. However, we should remember how important decisions made now will be in the future. Regardless of whether you started as soon as you took your first job or have 15 years...
As another year passes us by, so does a whole new year of payroll laws. Just as everyone in the Human Resources Department is wrapping their heads around all the changes 2017 brought, 2018 dumps a bunch more on their laps. Let’s take a...
Nationwide, states have ABC (Alcoholic Beverage Control) departments that regulate the production, sale, and purchase of alcohol. While laws vary from state to state there are a multitude of similarities. The clear majority of states have a variety of types of ABC licenses,...
In this article, we will be discussing what to look for in an escrow partner and how a slow escrow can cost you. But first, let us establish what an escrow is, how it works and why it is important: When someone goes...
The Fed has been steadily increasing interest rates since the beginning of the year and on June 13, the Fed again raised interest rates from 1.75 -2% which sent financial markets into a spiral and worried potential home buyers. The Fed cites the improving...
MITIGATION NECESSARY TO PROTECT LICENSED ESCROW COMPANIES FROM THE UNINTENDED CONSEQUENCES OF THE LEASE ACCOUNTING STANDARDS CHANGE ABSTRACT Escrow companies licensed by the State of California, unlike their competitors who perform escrow services under an exemption, are required to meet state-mandated minimum liquidity...
1 Purchase The benefit of purchasing a low-cost property is a low investment and the yields are consistent. Get a routine of purchasing one or two low-value properties a year and 10 years down the line you’ll have accumulated over a dozen of them....
Now, more than ever, the younger generations are starting to take an interest in real estate. As you begin your real estate venture, here are some helpful tips to prepare for your first investment. –Improve Your Credit Score Before you start looking at houses,...
Gina Kim – CEO Janice Cheon – Managing Partner At Escrow World, Inc., every client is unique and has different needs. Yet each is similar in two crucial ways, deserving the highest level of accuracy and receiving excellence in customer service. We let that lead...
Create a timeline After you open escrow ask your realtor to give you an overview of the escrow process that can help you create a timeline. Mapping everything out visually is a helpful way of relieving many anxieties. Tracking the progression of escrow is...