Funds and Proceeds – Tips for a Successful Escrow Closing
When working with real estate buyers and sellers, our escrow operations face challenging situations relating to funds needed to close as well as proceed distributions. Having an awareness of bank requirements in advance of your signing appointment can make the difference between closing on time or working through costly delays. Below are a few tips […]
An Assignment of Proceeds Fraught with Fraud
Our Company decided years ago to take a stand and stop accepting assignments of proceeds to third parties. Our decision was spurred by too many bad experiences. This story provides yet another reason why we do not accept assignment of proceeds instructions. Absentee Borrower The transaction was a loan for a borrower who owned their […]