Resources

At Somerset Escrow, our mission is to serve as a wellspring of knowledge for those seeking growth and mentorship from the pioneers of the industry.

Top 3 Mistakes People Make When Choosing an Escrow Service
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Top 3 Mistakes People Make When Choosing an Escrow Service

When diving into the world of real estate transactions, the term "escrow" often pops up as a critical step in the process. It’s where the magic happens—money changes hands, and ownership shifts, all under the watchful eye of a neutral third party. But, not all escrow experiences are created equal. In fact, choosing the wrong escrow service can turn what should be a smooth ride into a rollercoaster of stress and disappointment. Let’s explore the top three mistakes people make when selecting an escrow service.

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Mastering Withholding Requirements for California Real Estate Transactions: Essential Guidance and Common Pitfalls (Video)
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Mastering Withholding Requirements for California Real Estate Transactions: Essential Guidance and Common Pitfalls (Video)

In this informative excerpt from a recent Zoom class, experts Simon Purnomo and Sonya Karamazah delve into the intricacies of withholding requirements for California real estate transactions. They discuss the crucial use of updated Form 593, highlight automatic exemptions, and address common mistakes that can lead to processing delays and misapplied tax credits. This session is an essential resource for anyone involved in the real estate industry in California, providing key insights to ensure compliance and streamline property sales.

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Navigating New Waters: How Recent Real Estate Laws Impact the Escrow Process
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Navigating New Waters: How Recent Real Estate Laws Impact the Escrow Process

The real estate sector is constantly shaped by evolving laws and regulations. Recently, several legislative changes have emerged that could significantly influence the escrow process in real estate transactions. From California's new housing laws aimed at boosting production to the pivotal Supreme Court case on interest-on-escrow, these developments necessitate a closer look by all stakeholders in the industry.

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Navigating the 2024 Real Estate Market: Trends and Predictions
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Navigating the 2024 Real Estate Market: Trends and Predictions

Discover the latest trends and predictions shaping the real estate market in 2024 in our newest blog article. From moderate increases in home prices to the diverging dynamics of different markets, we provide a comprehensive overview of what buyers, sellers, and investors can expect. Delve into the evolving landscape of real estate, including design shifts catering to an aging population and projections for sales volumes. Stay ahead in the ever-changing world of real estate with our insightful analysis, backed by authoritative sources.

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