What Can I Do To Expedite The Closing Of This Escrow?


What Can I Do To Expedite The Closing Of This Escrow?
Respond quickly to correspondence. This will assist in the timely closing of the transaction. If you are required to deliver funds into the escrow, make sure that you provide “good” funds in the form of a wire transfer or cashier’s check drawn on a California bank.

Do not give the escrow officer a personal check and expect the escrow to close immediately; the escrow can only close on cleared funds, and the processing of a personal check can take days, possibly even a week or more. When the escrow officer closes the escrow, some of you may want the closing papers, checks, title policies, statements, etc. made available immediately. There are many aspects to the closing of escrow, and some of these cannot be processed on the day of the closing; they may take several days.

If you have a special need, you should communicate that need to the escrow officer early in the processing of the escrow.

Excerpted from Real Estate ABC.com