We Handle It All
Experience a hassle-free and stress-free transaction with our reliable escrow service. We are here to handle your transaction, ensuring peace of mind and making the process effortless for you.
Refinance
Somerset Escrow is a trusted provider of escrow services that can help streamline the mortgage refinancing process. As a neutral third-party, our team can facilitate the transaction between the borrower and the lender by collecting payments and ensuring all conditions of the loan agreement are met. When you work with Somerset Escrow for your mortgage refinance, you can rest assured that your escrow account will be managed with care, and all necessary payments will be made on time. Our experienced professionals can assist with the closing process, hold and disburse funds, and obtain signatures on necessary documents. Let us help make your mortgage refinancing experience as smooth and secure as possible.
Investment Properties
Our experienced professionals can handle the transfer of funds and ensure that all necessary payments, such as property taxes and real estate commissions, are made. For investors looking to purchase multiple properties, Somerset Escrow can help manage multiple transactions and ensure that each transaction is handled with the utmost care and attention. With our expertise in investment property transactions, we are committed to providing the highest level of service to ensure that your investment property transaction is as smooth and secure as possible.
Manufactured & Mobile Homes
At Somerset Escrow, we specialize in the unique escrow needs for mobile home transactions, navigating the complexities of regulations from Housing and Urban Development (HUD), Department of Housing and Community Development (HCD), and local jurisdictions. Our service extends beyond safe transfer of ownership, conducting thorough Title Searches, coordinating with title companies to clarify any liens, and diligently managing escrow funds for correct disbursement post contractual fulfillment. We handle the finer details of your transaction, including ensuring taxes and park fees are current, facilitating communication among all parties involved, and assisting in obtaining necessary government clearances and permits. Trust Somerset Escrow for a smooth, efficient mobile home transaction experience, marked by our professional and proactive approach.
Residential
Somerset Escrow is a trusted provider of escrow services that can help make your residential sale experience as smooth and secure as possible. As a neutral third-party, our team can facilitate the transaction between the buyer and the seller by holding deposits and funds until all conditions of the sale are met. We can also assist with title searches, inspections, and obtaining signatures on necessary documents. Our experienced professionals can handle the transfer of funds and ensure that all necessary payments, such as property taxes and real estate commissions, are made. At Somerset Escrow, we understand the importance of a seamless residential sale transaction, and we are committed to providing the highest level of service to all parties involved. Let us help make your residential sale a success.
Commercial Properties
Somerset Escrow can help make your commercial sale transaction a success by providing trusted escrow services. As a neutral third-party, our team can facilitate the transaction between the buyer and seller by securely holding deposits and funds until all conditions of the sale are met. We can assist with title searches, inspections, and obtaining signatures on necessary documents, ensuring a smooth and efficient transaction process. Our experienced professionals can handle the transfer of funds and ensure that all necessary payments, such as property taxes and real estate commissions, are made. We understand that commercial sales can be complex and require a high level of expertise. That's why we offer tailored solutions to meet the unique needs of our clients. Our team can help you manage multiple transactions with precision and care, and ensure that every detail is handled with the utmost professionalism. At Somerset Escrow, we are committed to providing the highest quality of service, so you can have peace of mind knowing that your commercial sale transaction is in good hands.
Bulk Sales
At Somerset Escrow, we understand that a business sale, also known as a Bulk Sale or Business Opportunity transfer, involves not only the business itself but also its equipment, furnishings, inventory, goodwill, and often even its licenses and name. Although such a transaction isn't legally mandated to involve an escrow holder, we advocate for its importance in safeguarding your interests and instilling the confidence needed for a successful sale. We deftly draw up the Agreement and associated documents, safely holding all materials and funds until every condition is fulfilled by both Seller and Buyer. This procedure parallels that of a real estate sale, under the governance of the Commercial Code of the State of California, a separate set of laws ensuring the protection of Lien Holders, Creditors, State and Federal Agencies. Our team efficiently carries out Searches on both Sellers and the business to aid the transfer process and shield the Buyer from potential successors' liability, eliminating the risk of inheriting the Seller's debts - a key facet of the Bulk Sale process. The finalization of the escrow process necessitates the deposit into escrow of Releases from the California Department of Tax and Fee Administration (CDTFA), the Department of Employment Development, and the Franchise Tax Board by the Sellers. In sum, the escrow process at Pro-Active Escrow provides comprehensive protection for both Seller and Buyer, offering benefits to all parties involved.