When it comes to Residential Sale Escrow, trust the experts at Capstone Escrow. With over 49 years of experience, we understand that buying or selling a home is a significant life event. That’s why our knowledgeable escrow officers meticulously handle every detail of the transaction, from start to finish.
Our team prioritizes communication and responsiveness, working closely with realtors, lenders, and title companies to ensure a seamless and timely closing. With Capstone Escrow, you can have peace of mind knowing that your escrow officer will verify that all parties meet their obligations before and after closing.
Choose Capstone Escrow for your Residential Sale Escrow needs and experience a stress-free transaction. Contact us today to learn more.
What used to be thought of as a “simple” escrow has become exponentially more complex in recent years, and the refinancing escrow process should take a little over a week to finalize.
There are countless new laws and regulations affecting Refinances and Loan Escrows. It is important to select an escrow firm that has the right tools and processes in place, to ensure your lender gets everything required and your transaction closes on time while remaining in compliance with laws and regulations.
Homeowners may elect to sell their homes without using a Realtor. Although we cannot give legal advice and must maintain our neutrality between the Buyer and Seller, Capstone Escrow can guide you through the steps necessary to complete the sale.
Typically a seller will start with a standard real estate sales contract, which covers all the legal aspects of the sale. These contracts can be obtained on online. Real Estate contracts should be detailed, while Escrow Instructions only cover a few of the many aspects of a typical sale. Let our Escrow Officers at Capstone Escrow guide you through the Escrow process.
Investing in like-kind properties for business or investment purposes? Section 1031 of the U.S Internal Revenue Service Code allows you to defer capital gains taxes when it’s done properly! In order to successfully defer capital gains taxes in a 1031 exchange, escrow officers must work in compliance with the Internal Revenue Service and be up to date with Section 1031 of the US IRS Code.
Our experts are experienced in many types of exchanges including, but not limited to simultaneous, delayed, and reverse. We respond quickly to policy changes to ensure that our clients’ tax liability remains deferred without issue.
A short sale happens when a current lender is owed more than the property is worth. If a property qualifies for a Short-Sale the existing lender may release their interest in the property for less than they are owed. Typically lenders will make the Seller “qualify” for the Short-Sale, and they are not required to approve all of the Seller’s “normal” closing costs or the selling price.
Negotiating with these lenders has become a whole new industry and Escrow Officers must understand how to deal with these Short-Sale lenders and also the independent negotiators who are frequently hired by the Seller. We have the expertise you need!
Real Estate Owned (REO) is a term used by banks and lenders to describe property they own, usually acquired through the foreclosure process. When the bank or lender sells these properties, the sale is typically called an REO Sale. The special needs of the bank or lender as a Seller, are completely different than those of a typical private party Seller.
Once again, the experience and expertise needed to close these escrows is available at Capstone Escrow.
Contact Us Today to Schedule a Free Consultation with an Experienced Escrow Officer!