Why Choose Indenpendent

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ou can feel more secure with an Independent Escrow Company. Unlike Title Companies, Brokerages or Banks, an independent firm must comply with stricter operational and CPA auditing, bonding requirements, financial liquidity requirements and trust fund insurance guidelines. Newhall Escrow Company is licensed by the Department of Corporations for the State of California.

All of our staff have been approved with the Department of Justice. Additionally, with less bureaucracy, our independent escrow company more easily achieves greater efficiency and productivity.

 
 
 
Independent
Title Company
Broker Owned
Bank/Savings & Loan
Management Experience Required
YES, 5 years experience as an Escrow Officer
NO
NO
NO
Licensed by  (DOC) Department of Corporations
YES
NO, Regulated by Department of Insurance
NO, Licensed through the Real Estate Broker Regulated by DRE
NO, Regulated by Department of Financial Institution
Annual Surprise Audit
YES
NO
NO
NO
Annual CPA Audit
YES
NO
NO
NO
Staff approved by Department of Justice
YES
NO
NO
NO
Bonding Requirement
YES
NO
NO
NO
Requirement for Liquidity
YES
NO
NO
NO
Trust Fund Insurance
YES
NO
NO
NO