Pacific City Escrow
Why Choose Us?
You can trust Pacific City Escrow. We have NO affiliation with ANY service provider (Real Estate Agency, Broker, Lender or Title Company).
You matter to us. We DO NOT favor any person in the transaction, or give special pricing to only certain clients. We offer everyone the same all-inclusive SimpleEscrow™ pricing model and treat everyone equally.
We at Pacific City Escrow, by using the industry’s most revolutionary products, are raising the bar to make the closing experience as easy as possible.Read less
|Real Estate Broker- Owned Escrow Departments||Title Company Escrow Departments||Bank Escrow Departments||Savings & Loan Escrow Departments|
|State Regulator||Dept. of Business Oversight||Bureau of Real Estate||Dept. of Insurance||FDIC||FDIC|
|Manager-Escrow Experience Required||5 yr E.O.Experience or 4 yr E.0.+ Escrow School||No||No||No||No|
|Regular Audits||Yes (Every 12 mo by the DBO without any prior notice)||No-B.R.E. Auditors go by appointment only||Internal audits at employer's direction|
|Annual CPA Audit Requirements||Yes||No||No||No||No|
|Trust Funds Insured||Yes, $5,000,000 Escrow Agents Fidelity Corp. (E.A.F.C) Covers all Licensed Escrow Corporations||No-B.R.E. Auditors go by appointment only||Internal audits at employer's direction|
|Escrow Office Certification||Available to any individual who is a member of the California Escrow Association|
|Financial Liquidity Requirements||Yes||No||No||No||No|
|Escrow License Required||Yes||No||No||No||No|
|Assumed impartial as a third party||Yes||Escrow Officer is an employee of broker, who has influence over the transaction||Title Department has access/control of escrow money and procedures||Yes, unless financing is provided by the bank||Yes, unless financing is provided by the S&L|
|DOJ Investigation of all employees, including Photos and Fingerprints||Yes||No||No||No||No|
What is EscrowEvolvedTM?
Balanced approach with flexibility and functionality
- 1 st licensed CA D.B.O, AZ D.F.I & OR R.E.A Escrow to offer Digital Closing Pavaso Platform
- 1 st licensed CA D.B.O, AZ D.F.I & OR R.E.A Escrow to offer Mobile Deposit Capture
- 1 st licensed CA D.B.O, AZ D.F.I & OR R.E.A Escrow to offer Closing Timelines via email & text
- 1 st licensed CA D.B.O, AZ D.F.I & OR R.E.A Escrow to offer Post Closing Communications
- 1 st licensed CA D.B.O, AZ D.F.I & OR R.E.A Escrow to offer electronically delivered executed closing documents.
- Cutting-edge operating platform to expedite the closing process, increase efficiency & functionality while safeguarding transaction.
- Integration & 2-way real time communication with Originators, Title Companies and other transactional partners.
- 24/7 access to transaction(s) for Borrower, Buyer, Seller, Real Estate Agent & Lender.