Secured Trust Escrow

REO Escrow

Secured Trust Escrow

REO Escrow Services

Secured Trust Escrow handles every aspect of the REO by providing full service and management as a neutral third-party to close the REO transaction within the guidelines set forth in the contract while serving as the depository of funds and escrow agent. ​The basic REO process begins with mutual acceptance of the Purchase Agreement, much like a regular real estate transaction.

Buyers must remember that they are not in escrow with a homeowner, however, as a bank or lender is the seller, and the financial institution has strict procedures during the process. ​As the seller is a corporate institution with a large volume of properties, the typical timeline of a standard escrow does not apply in an REO environment. To ensure REO escrow transactions are closed as quickly as possible, the officers at Secured Trust Escrow proactively manage and resolve any problems before a delay can occur and monitor the performance of the transaction daily. Contact us now.

REO escrow services

About REO Escrows

REO property, or ‘real estate owned,’ occurs when a bank or lender forecloses on a property and takes control of it. This term is typically applied after the bank has attempted and failed to sell the property at auction. As a result, a REO property is one that is owned by a bank, and these properties are often sold at a large discount below market value. They may also not be in good shape because they are sold “as-is,” without any of the “make-ready” work that most sellers conduct to get their homes ready for the market. Secured Trust Escrow is the escrow agency you want working for you in a REO transaction because we understand the subtleties and obstacles you may face when buying a REO property in California.

Expertise in REO Transactions in California

We will work carefully to serve both parties well in the transaction from the beginning, when the seller files the paperwork with us, until the sale closes and title is given to the buyer. Despite the recent transfer of title to the lender due to its REO status, we will endeavor to verify that title is clear. We will also resolve any title objections that may occur, and we will work carefully to ensure that the closure is completed on schedule. Our escrow agents have already aided with the closing of a number of REO homes, and we have the REO experience you’re looking for in an escrow company.

We’re Ready to Be Your Go-To Escrow Company

While we specialize in REO homes, we also go above and beyond to make the closing process as smooth as possible for all transactions. For example, we use cutting-edge technology to limit the risk of illegal conduct such as fraud or identity theft in connection with your transaction. Furthermore, our experienced escrow agents work hard to maintain lines of communication open from beginning to end. We aim to be your go-to escrow service for all of your transactions. For assistance with your REO deal, please contact our office.

Residential Escrow

Gain the confidence you need that your residential escrow transaction will be handled professionally. Contact us.

Business Escrow

At Secured Trust Escrow, your Escrow Officer will carefully handle your business transaction. Get started today.

Commercial Escrow

Secured Trust Escrow recognizes the unique requirements for handling commercial escrow transactions.

Our Skills

What We're Good At.

REO Escrows
Commercial Escrows
Real Estate Escrows
Happy Clients

What Our Clients Say About Us.

“The team was amazing all the times I called into customer support. Very short or no wait times. Will definitely use you in the future.”

“I called Sally today a few times and she helped me get everything resolved and walked me through everything on the phone. Great work.”

“All along I felt the support was good. I always got a quick response from you. The service from you guys is very good. I’ll be back.”

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