ESCROW: As a neutral third-party, escrow holds in trust; deeds, bonds, money and or property and transfers ownership of each upon fulfillment of all agreed upon terms.

• Residential Sale/Resale: Single a family residence or multifamily 4 units or fewer. No two transactions are the same and our dedicated team of escrow professionals take the utmost care with each one placing focus on every detail from open to close.

• Commercial Sales: A property that is zoned commercial, industrial, or multifamily (5 units or grater) defines commercial. Our specialized team is prepared to face the unique challenges that often arise in a commercial transaction. Opus Escrow understands every aspect of the transaction and will execute the most efficient processes in order to ensure a successful close.

• Manufactured/Mobile Home Sales: The sale and transfer of manufactured homes is considered a specialized area of property transfers involving personal property with guidelines that differ from those of a site-built real property home.  A specialized Escrow Officer who understands all regulations and has knowledge of this unique transaction is imperative. Opus Escrow remains educated and is well-equipped to successfully close your manufactured or mobile home escrow.

• 1031 Exchanges: 1031 Exchanges are very time sensitive and intricate. Transactions involving a 1031 Exchange require a very experienced Escrow Officer. You can trust the Escrow team at Opus Escrow to fulfill your 1031 Exchange needs accurately and successfully.

• Short Sales: A short sale refers to a transaction in which the sales price will not generate enough proceeds to cover the payoff of the existing mortgage. Our team understands every aspect of a short sale. We are extensively trained to foresee troublesome transactions and prevent problems in advance.

• Probate Sales: The process of administering a decedent’s estate is referred to as “probate” and is generally supervised by the probate court. A probate sale will require either 1) court confirmation of the sale of the property or 2) authority to administer the estate under the “Independent Administration of Estates Act”. Opus Escrow has extensive knowledge of probate sales and will ensure that all of the necessary steps are followed to close your transaction within the guidelines of the law. 

• Seller Carry-Back: Seller carry-back financing is essentially when a Seller acts as the bank or lender and loans money to the Buyer as a part of the Buyer’s purchase escrow.

 In most cases, your Escrow Officer will prepare the Note and Deed of Trust based on the instructions provided by the parties. It is imperative that you have an Escrow Officer that is highly educated on the proper preparation of a Note and Deed of Trust.  Opus Escrow has you covered!

• All Inclusive Trust Deeds: An All Inclusive Trust Deed (AITD) is a new Deed of Trust that includes the balance due on the existing note (Seller’s current mortgage), plus new funds advanced; also known as a wrap-around mortgage. AITD’s are commonly prepared by an attorney and presented to the Escrow Officer for recording at the close of escrow. Opus Escrow is experienced in processing transactions involving an
AITD, while meeting the high expectations of our clients.

• Real Estate Owned (REO) Properties: REO’s involve the purchase of property which is bank/lender owned as a result of foreclosure. These transactions present special challenges such as strict timelines and rigorous bank reporting standards. Our Escrow Officers are experienced in processing REO escrows and meeting the high expectations of our clients.