Trust, Integrity, and Experience
Welcome to PPF Escrow
PPF Escrow has been serving the California real estate market since 2013. We have served our client base with dependable and reliable service from inception. We continue to provide excellent communication, standards and quality to our client base, as well as our trusted referral Partners. We will continue to exceed your expectations for all of your real estate transactions!
We provide the same level of service that the big escrow companies provide, but at a much more personable level. Our escrow team is very accessible and very personable, and can be reached directly.
We service many areas of residential real estate including resale transactions between buyers and seller, new home sales between buyers and developers, and investment transactions. Whether you are an agent, a broker, a buyer, or a seller, PPF Escrow is the best choice for your next real estate transaction.
Escrow is an important part of home buying
Once you choose your dream home and are approved for a home mortgage you must begin the escrow process to close out the transaction.
What is Escrow?
Mainly, there are three types of escrow – real estate escrow, online escrow and escrow accounts.
In a major financial transaction between two parties, escrow is defined as an impartial third party that holds a valuable asset (down payment) until the transaction is complete.
Mortgage lenders typically insist on a real estate escrow account for the buyer prior to the purchase, before any home inspection or disclosures on the home’s condition are completed. Once the buyer and the lender knows the property is in satisfactory condition, the money from the escrow account is released on the home purchase closing date.
During the home sales process, the buyer puts up a predetermined amount of cash (usually between 1% and 3% of the total home sales price) in an escrow account after an offer is accepted by the homeowner, and is held by a bank or other financial institution in an escrow account until the sale is finalized. This is what real estate and mortgage professionals refer to as “being in escrow.” Expect the home sale escrow process to last about 30 days – or the time it takes to fully sign off on the home sale between both parties and the mortgage lender. The homeowner doesn’t get access to the money during escrow and the amount of cash put into escrow by the homebuyer is applied to the overall home sales price once the deal is finalized.
Meet Our Escrow Team
Begin Closing Your Home Sale with PPF Escrow
Call or email us to find out how PPF Escrow can close out your home sale transaction