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Results 1 to 5 of 5
  1. #1
    oneofthecrowd is offline Fixer Upper
    Join Date
    Jan 2009
    Posts
    60

    Default Escrow Question

    Is it necessary for the escrow officer to have me fill out forms asking for all my personal information? They say it is used to prevent identy theft.

  2. #2
    donrock is offline Condominium
    Join Date
    Jan 2008
    Location
    Orcutt, CA on the Central Coast
    Posts
    116

    Default

    Its called an SOI (statement of information) and it is required. I can see where some of the info it asks for could be important but I personally think it asks for more than is necessary.

    donrock

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  3. #3
    Jenie0109 is offline Home Owner
    Join Date
    Jan 2009
    Posts
    525

    Default

    Delivery of a deed by a grantor to a third party for delivery to the grantee upon the happening of a contingent event. Modernly, in some states, all instruments necessary to the sale (including funds) are delivered to a third (neutral) party, with instructions as to their use.

    Just be careful, if they ask too much information... inquire.

  4. #4
    oneofthecrowd is offline Fixer Upper
    Join Date
    Jan 2009
    Posts
    60

    Default

    Another question about Escrow. Who is supposed to choose who the Escrow people will be? Seller, seller's agent, buyer, or buyer's agent or lender?

  5. #5
    eduong68 is offline Renter
    Join Date
    Mar 2009
    Posts
    4

    Default

    It usually is the seller's choice of service. Unless stated otherwise in the purchase offer contract by the buyer.

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