Most of you are familiar with the types of funds that a settlement agent will take to open or complete an escrow transaction. Each settlement …
Read moreEscrow From the Trenches – When is a Wire not a Wire?
Death and taxes, right? Can’t escape either they say, although I figure if you die, you probably don’t need to worry about those darned taxes. …
Read moreEscrow from the Trenches – When Property Taxes Are Lost In Transit
California property taxes are straight forward. You own property, you get to pay taxes on it. However, California’s supplemental taxes are a little harder to …
Read moreThe Art of Escrow – Understanding California’s Supplemental Property Taxes
You own property? Maybe you are looking to buy? Acquaint yourself with California’s secured real property and unsecured personal property tax system. You need to …
Read moreThe Art of Escrow – California Property Taxes – How Does the System Work?
Oh, those trials, tribulations and drama that goes into handling Business Opportunity / Bulk Sales during the pandemic! It was never easy during the normal …
Read moreThe Art of Escrow – Bulk Sales – Trials, Tribulations and Drama During the Pandemic
I am sure you have wondered, “If I want to buy an ongoing hair salon, how do I go about it?” It’s not just your …
I am sure you have wondered, “If I want to buy an ongoing hair salon, for instance, how do I go about it?” It’s not …
Read moreThe Art of Escrow – Buying or Selling a Business? A Whole Different Animal! (Part 1)
From time to time our Borrowers or Sellers will have specific requests regarding the disposition of their proceeds. They want us to use it to …
Read moreEscrow Tip #4 – The Catch to the Disbursement of your Net Proceeds
When a lender or an escrow officer talks about “prepaid interest.” What does that mean? Prepaid interest is interest on your new loan that starts …
Read moreEscrow Tip #3 – Why pay more? Minimizing Prepaid Interest
Have you ever heard the term “Table Funding”? What about the term a “Dry” State or a “Wet” State? Lenders like to throw out lending …
Read moreEscrow Tip #2 – Table Funding! Dry State! Wet State! What?