10 Questions Asked By Buyers During a Real Estate transaction
When can you tell me the amount of funds required to close escrow?
Upon receipt of loan documents and preparation of your escrow instructions, contact your Vista Escrow Officer so he/she can let you know the amount of funds you will need to close escrow.
Who will call me to schedule an appointment?
Normally your Escrow Officer or Lender will call you. However, sometimes the Signing Agent will call you to make arrangements for your signing.
Can I give you a personal check?
No. According to California State Law, all funds must be in the form of a cashier’s check or via wire transfer. Most title companies accept teller’s checks as long as they are drawn from a California banking institution. Please verify that your bank will issue a teller’s check. Let them know you are purchasing a home and the check is being issued to a title company.
When do I get my keys?
At the close of escrow, your Help-U-Sell real estate agent will contact you regarding the disbursement of the keys.
How much time should I allow for my signing appointment?
Please allow at least 1 hour for your signing appointment.
What will the escrow explain to me at my appointment?
Escrow instructions with terms of sale per your purchase contract, the estimated escrow statement, preliminary report, etc. The Vista Escrow officer will explain any reports and inspections that may be required on the property. We will also provide you with a complete package of all documents you have signed so that you may take it home for further review. Should you have any questions after reviewing your package please do not hesitate to contact your Vista Real Estate Escrow officer.
What is a statement of information?
Statements of information provide title companies with the information they need to distinguish the buyers and sellers of real property from others having similar names. After obtaining information about the true buyers and sellers, title companies may disregard the judgments, liens or other matters affecting those with similar names.
When should I shop for homeowners/fire insurance?
Due to recent natural disasters in our state, we suggest that you start shopping for homeowners/fire insurance as soon as your offer is accepted. Know the age of your home when shopping for insurance. Please have your agent contact Vista Real Estate Escrow officer when you have made your decision.
What will I need to take to the escrow company when I go in to sign my papers?
You will need to bring your cashier’s check payable to the escrow company (if the amount was given to you previously). Bring a valid driver’s license, California I.D. card, valid passport or military I.D.
When will I get my deed showing proof of ownership?
The day escrow closes is the day the deed records with the county and you become the owner of your home. It could take 6-10 weeks from that date for the county recorder to mail you the original signed and recorded deed.
Recently Sold Homes in San Fernando, Granada Hills, Sun Valley, Sylmar, Canoga Park, Chatsworth, Porter Ranch, North Hills and Northridge
Active, Pending and Under Contract Homes in San Fernando, Granada Hills, Sun Valley, Sylmar, Canoga Park, Chatsworth, Porter Ranch, North Hills and Northridge