{"id":88744,"date":"2020-12-22T17:32:04","date_gmt":"2020-12-23T01:32:04","guid":{"rendered":"https:\/\/foundationescrow.com\/?page_id=88744"},"modified":"2022-11-01T12:37:41","modified_gmt":"2022-11-01T19:37:41","slug":"escrow-process","status":"publish","type":"page","link":"https:\/\/foundationescrow.com\/resources\/escrow-process\/","title":{"rendered":"Escrow Process"},"content":{"rendered":"

[vc_row unlock_row_content=”yes” row_height_percent=”60″ override_padding=”yes” h_padding=”0″ top_padding=”6″ bottom_padding=”7″ back_image=”90329″ back_repeat=”no-repeat” back_position=”center center” overlay_color=”color-847757″ overlay_alpha=”85″ overlay_color_blend=”multiply” gutter_size=”0″ column_width_percent=”100″ shift_y=”0″ z_index=”0″ row_height_pixel=”280″ row_name=”Intro” el_class=”section-why-foundation-escrow-hero section-agents-lenders-hero”][vc_column column_width_use_pixel=”yes” position_vertical=”middle” align_horizontal=”align_center” gutter_size=”2″ override_padding=”yes” column_padding=”3″ style=”dark” overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ align_medium=”align_center_tablet” medium_width=”0″ align_mobile=”align_center_mobile” mobile_width=”0″ width=”1\/1″ el_class=”button-center-mobile we-are-soc” column_width_pixel=”1100″][vc_custom_heading heading_semantic=”p” text_font=”font-762333″ text_size=”fontsize-126004″ text_weight=”600″ text_transform=”uppercase” text_height=”fontheight-179065″ text_space=”fontspace-189474″ text_color=”color-xsdn” sub_lead=”yes” css_animation=”curtain”]How The California Escrow Process Works[\/vc_custom_heading][vc_custom_heading heading_semantic=”h1″ text_font=”font-762333″ text_size=”fontsize-155944″ text_weight=”700″ text_height=”fontheight-976684″ text_color=”color-xsdn” sub_lead=”yes” css_animation=”curtain” animation_delay=”800″ interval_animation=”100″ el_class=”subheading”]What should you expect from the escrow process?[\/vc_custom_heading][vc_custom_heading heading_semantic=”h4″ text_font=”font-762333″ text_size=”fontsize-213783″ text_weight=”400″ text_height=”fontheight-357766″ text_color=”color-xsdn” css_animation=”curtain” animation_delay=”800″ interval_animation=”100″ el_class=”subheading sub-small-text”]Foundation Escrow demonstrates an approximate timeline for what you can expect during the Escrow Process. Our team is standing by to guide you through this process.[\/vc_custom_heading][\/vc_column][\/vc_row][vc_row row_height_percent=”0″ override_padding=”yes” h_padding=”2″ top_padding=”3″ bottom_padding=”5″ back_color=”color-lxmt” overlay_alpha=”50″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”2″ top_divider=”book” bottom_divider=”pyramids”][vc_column column_width_use_pixel=”yes” position_vertical=”middle” align_horizontal=”align_center” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ shift_y_down_fixed=”yes” z_index=”0″ medium_width=”0″ align_mobile=”align_center_mobile” mobile_width=”0″ width=”1\/1″ column_width_pixel=”1000″ el_class=”california-looks”][vc_row_inner limit_content=””][vc_column_inner column_width_use_pixel=”yes” align_horizontal=”align_center” gutter_size=”2″ override_padding=”yes” column_padding=”4″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/1″ column_width_pixel=”900″][vc_icon icon_image=”88106″][\/vc_icon][vc_empty_space empty_h=”0″][vc_custom_heading text_font=”font-762333″ text_size=”fontsize-427429″ text_weight=”700″ text_height=”fontheight-976684″ text_space=”fontspace-781688″]How the California escrow process looks[\/vc_custom_heading][vc_empty_space empty_h=”1″ medium_visibility=”yes” mobile_visibility=”yes”][\/vc_column_inner][\/vc_row_inner][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ shift_y=”0″ z_index=”0″ limit_content=”” el_class=”cali-process-icon-combo row-one-icon”][vc_column_inner column_width_percent=”100″ position_horizontal=”left” gutter_size=”3″ override_padding=”yes” column_padding=”1″ back_color=”color-xsdn” overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/2″ el_class=”cali-process-left icon-one hand-box-icon”][vc_column_text el_class=”icon-number”]<\/p>\n

1<\/p>\n

[\/vc_column_text][vc_icon position=”left” icon_image=”88792″ el_class=”box-icon-one”]DAY 1:<\/span> OFFER<\/span><\/strong><\/p>\n

The buyer and seller agree on a purchase price. The home closing process has begun!<\/p>\n

[\/vc_icon][\/vc_column_inner][vc_column_inner column_width_percent=”100″ position_horizontal=”left” gutter_size=”3″ override_padding=”yes” column_padding=”2″ back_color=”color-xsdn” overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/2″ el_class=”cali-process-left cali-process-right mail-box-icon”][vc_column_text el_class=”icon-number”]<\/p>\n

2<\/p>\n

[\/vc_column_text][vc_icon position=”left” icon_image=”88776″ media_size=”40px”]WEEK 1:<\/span> ESCROW OPENED<\/span><\/strong><\/p>\n

Earnest money by the buyer into the newly opened escrow account.<\/p>\n

[\/vc_icon][\/vc_column_inner][\/vc_row_inner][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ shift_y=”0″ z_index=”0″ limit_content=”” el_class=”cali-process-icon-combo row-two-icon”][vc_column_inner column_width_percent=”100″ position_horizontal=”left” gutter_size=”3″ override_padding=”yes” column_padding=”1″ back_color=”color-xsdn” overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/2″ el_class=”cali-process-left icon-one”][vc_column_text el_class=”icon-number”]<\/p>\n

3<\/p>\n

[\/vc_column_text][vc_icon position=”left” icon_image=”88775″ media_size=”40px”]WEEK 1+:<\/span> INSPECTIONS BEGIN<\/span><\/strong><\/p>\n

May include termite, agent visual, home, lender appraisal inspections.<\/p>\n

[\/vc_icon][\/vc_column_inner][vc_column_inner column_width_percent=”100″ position_horizontal=”left” gutter_size=”3″ override_padding=”yes” column_padding=”2″ back_color=”color-xsdn” overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/2″ el_class=”cali-process-left cali-process-right messenger-box-icon”][vc_column_text el_class=”icon-number”]<\/p>\n

4<\/p>\n

[\/vc_column_text][vc_icon position=”left” icon_image=”88765″]WEEK 2:<\/span> REPAIRS NEGOTIATED<\/span><\/strong><\/p>\n

All negotiations or requests resulting from inspection results happen now.<\/p>\n

[\/vc_icon][\/vc_column_inner][\/vc_row_inner][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ shift_y=”0″ z_index=”0″ limit_content=”” el_class=”cali-process-icon-combo row-three-icon”][vc_column_inner column_width_percent=”100″ position_horizontal=”left” gutter_size=”3″ override_padding=”yes” column_padding=”1″ back_color=”color-xsdn” overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/2″ el_class=”cali-process-left icon-one row-three-icon”][vc_column_text el_class=”icon-number”]<\/p>\n

5<\/p>\n

[\/vc_column_text][vc_icon position=”left” icon_image=”88766″ media_size=”40px”]DAY 17:<\/span> CONTINGENCY RELEASES<\/span><\/strong><\/p>\n

Get your pen or DocuSign ready! Contingency releases involve signing paperwork.<\/p>\n

[\/vc_icon][\/vc_column_inner][vc_column_inner column_width_percent=”100″ position_horizontal=”left” gutter_size=”3″ override_padding=”yes” column_padding=”2″ back_color=”color-xsdn” overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/2″ el_class=”cali-process-left cali-process-right cetification-box-icon”][vc_column_text el_class=”icon-number”]<\/p>\n

6<\/p>\n

[\/vc_column_text][vc_icon position=”left” icon_image=”88767″ media_size=”40px”]DAY 21:<\/span> LOAN APPROVAL<\/strong><\/p>\n

The buyer must get the loan approved from the appraisal to ensure they will be able to secure the funds for closing.<\/p>\n

\n
<\/div>\n<\/div>\n

[\/vc_icon][\/vc_column_inner][\/vc_row_inner][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ shift_y=”0″ z_index=”0″ limit_content=”” el_class=”cali-process-icon-combo row-four-icon”][vc_column_inner column_width_percent=”100″ position_horizontal=”left” gutter_size=”3″ override_padding=”yes” column_padding=”1″ back_color=”color-xsdn” overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/2″ el_class=”cali-process-left icon-one repair-box-icon”][vc_column_text el_class=”icon-number”]<\/p>\n

7<\/p>\n

[\/vc_column_text][vc_icon position=”left” icon_image=”88768″]DAY 22:<\/span> REPAIRS BEGIN<\/span><\/strong><\/p>\n

The seller will have the necessary repairs carried out, ensuring the house is in the agreed upon state when the sale is complete.<\/p>\n

[\/vc_icon][\/vc_column_inner][vc_column_inner column_width_percent=”100″ position_horizontal=”left” position_vertical=”middle” gutter_size=”3″ override_padding=”yes” column_padding=”2″ back_color=”color-xsdn” overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/2″ el_class=”cali-process-left cali-process-right shield-box-icon”][vc_column_text el_class=”icon-number”]<\/p>\n

8<\/p>\n

[\/vc_column_text][vc_icon position=”left” icon_image=”88769″]WEEK 4:<\/span> FUNDING SECURED<\/span><\/strong><\/p>\n

The appraisal has been completed and the buyer can officially finalize securing of funds for the purchase.<\/p>\n

[\/vc_icon][\/vc_column_inner][\/vc_row_inner][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ gutter_size=”3″ shift_y=”0″ z_index=”0″ limit_content=”” el_class=”cali-process-icon-combo row-five-icon”][vc_column_inner column_width_percent=”100″ position_horizontal=”left” gutter_size=”3″ override_padding=”yes” column_padding=”1″ back_color=”color-xsdn” overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/2″ el_class=”cali-process-left icon-one home-box-icon”][vc_column_text el_class=”icon-number”]<\/p>\n

9<\/p>\n

[\/vc_column_text][vc_icon position=”left” icon_image=”88770″]<5 DAYS<\/span> TO CLOSE: <\/strong>
\nFINAL WALK-THROUGH<\/strong><\/p>\n

An optional walk through is offered to the buyer at this point.<\/p>\n

[\/vc_icon][\/vc_column_inner][vc_column_inner column_width_percent=”100″ position_horizontal=”left” gutter_size=”3″ override_padding=”yes” column_padding=”2″ back_color=”color-xsdn” overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/2″ el_class=”cali-process-left cali-process-right .like-box-icon”][vc_column_text el_class=”icon-number”]<\/p>\n

10<\/p>\n

[\/vc_column_text][vc_icon position=”left” icon_image=”88772″]FINAL DAY:<\/span> CLOSE OF ESCROW!<\/span><\/strong><\/p>\n

The title passes from the seller to the buyer. The buyer gets the keys and the seller receives the money for the sale.<\/p>\n

[\/vc_icon][\/vc_column_inner][\/vc_row_inner][vc_empty_space empty_h=”3″][\/vc_column][\/vc_row][vc_row row_height_percent=”75″ override_padding=”yes” h_padding=”2″ top_padding=”7″ bottom_padding=”7″ back_image=”91071″ back_repeat=”no-repeat” back_position=”center bottom” overlay_color=”color-181805″ overlay_alpha=”70″ gutter_size=”3″ column_width_percent=”100″ shift_y=”0″ z_index=”1″ shape_dividers=””][vc_column column_width_percent=”100″ position_vertical=”middle” gutter_size=”3″ overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/1″][vc_row_inner row_inner_height_percent=”0″ overlay_alpha=”50″ equal_height=”yes” gutter_size=”4″ shift_y=”0″ z_index=”0″ limit_content=””][vc_column_inner column_width_percent=”100″ gutter_size=”1″ style=”dark” overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/4″][\/vc_column_inner][vc_column_inner column_width_percent=”100″ position_vertical=”middle” gutter_size=”2″ style=”dark” overlay_alpha=”50″ shift_x=”0″ shift_y=”0″ shift_y_down=”0″ z_index=”0″ medium_width=”0″ mobile_width=”0″ width=”1\/2″][vc_custom_heading text_font=”font-762333″ text_size=”fontsize-338686″ text_weight=”700″ text_space=”fontspace-111509″ css_animation=”curtain” animation_delay=”200″ interval_animation=”200″]Ready to start the escrow process today?<\/span>[\/vc_custom_heading][vc_empty_space empty_h=”2″][vc_button button_color=”color-prif” size=”btn-lg” hover_fx=”full-colored” custom_typo=”yes” font_family=”font-762333″ font_weight=”700″ letter_spacing=”fontspace-781688″ border_width=”0″ css_animation=”bottom-t-top” animation_delay=”400″ link=”url:%2Fschedule-consult%2F|title:%2Fschedule-consult%2F”]Let’s Get Started[\/vc_button][\/vc_column_inner][vc_column_inner width=”1\/4″][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

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