How Does Escrow Work?

The principals to the escrow – buyer, seller, lender, borrower – cause escrow instructions, most usually in writing, to be created, signed and delivered to the escrow officer.If a broker is involved, he or she will normally provide the escrow officer with the information necessary for the preparation of your escrow instructions and documents. The escrow officer will create escrow instructions and process the escrow, in accordance with the escrow instructions, and when all conditions required in the escrow can or have been met or achieved, the escrow will be “closed.” Each escrow, although following a similar pattern, will be different in some respects, as it deals with YOUR property and the transaction at hand. The duties of an escrow holder include: following the instructions given by the principals and parties to the transaction in a timely manner; handling the funds and/or documents in accordance with instructions; paying all bills as authorized; responding to authorized requests from the principals; closing the escrow only when all terms and conditions have been met; and distributing the funds in accordance with instructions and providing an accounting for same – the Closing or Settlement Statement.


Location

308 West Oak Avenue
Visalia CA  93291
View Map

Phone: (559) 733-1025
Fax: (559) 733-9002

Hours

Monday - Friday
8:00AM - 5:00PM

Payment Methods Accepted

Personal/Business Check
Cashier's Check
Money Order
Cash Accepted for Accommodations Only

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ANNOUNCEMENT:

Tulare County Escrow Co will not be taking any escrows as of January 1, 2018. We will be in our office finishing up our open files and when all is processed, we will be closing our doors.

Our business has always been unique as we were a family business and treated everyone that came into our doors as such. Our sister, Linda Reed, retired in 2011. After 39 years in this business, the other sister, Karen Niederreiter, will be retiring. The third sister, Leslie Silva, will be taking a "little part" of Tulare County Escrow with her as she starts working at Chicago Title Company in Visalia starting full time in February, 2018.

Mari Rippetoe will be working with Karen until all is processed and the audit is completed by the Department of Business Oversight.

This decision did not come lightly as Earl Parsons, Jr., our father, started this business in 1974. We believe he would be proud of how we followed in his footsteps and the decisions we have made.

Our thanks to you in the community that have used our Company. We appreciated assisting clients in the sale of their businesses, ABC License Transfers, Manufactured Homes, Home Sales and Refinances.

Any escrows that you would like to be opened with Leslie Silva can be done by emailing her assistant at kaytee.ferry@ctt.com.
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