Palm Desert Escrow, Inc. offers a wide range of escrow related professional services. From tax deferred exchanges, new home sales, short sales, probate sales, seller carry back financing, vacant land, commercial property, and mountain estates, we are here to bring your transaction to a successful and timely closing. We will never be the reason for a delayed closing. Realtors love to include us in their team because their job is that much easier. Keep in mind that the buyer or seller are the only parties to an escrow and as such, can choose the escrow company. YOU have the power.
Firpta and Cal-Firpta
Our officers are knowledgeable in all aspects of the US Foreign Investors Real Property Tax Act (FIRPTA)* and CAL-FIRPTA**. These regulations require the immediate withholding of funds from applicable escrows from foreign and/or non-resident seller taxpayers at the close of the transaction. Performing this procedure properly ensures your funds get to the governing agency quickly allowing for the non-resident to initiate tax treatment proceedings from their native country.
We refer you to the IRS* and State of California** websites for more particulars.
We have the newest technology! We have the best hardware/software for our unique service industry. Your privacy is our number one concern. Our software company is cutting edge and updating constantly. We utilize several different courier services and NOW we can offer electronic signing (NEW) to make sure documents and/or funds are delivered anywhere they need to be in the fastest possible time. If electronic signing is unavailable, we can e-mail any document to any destination. This is especially handy when dealing with out of State/Country buyers and sellers who can print the documents, sign the documents and fax or overnight the documents back to us saving several days processing time. We have a Notary Public officer on staff. We accommodate loan signings from out of area companies. Our long time banking relationship with a major bank allows for direct deposit, wire transfer or walk-in deposits in most cities in California. We have thought of everything to streamline the escrow process! For your next home sale or purchase or if you want the best in the business, Palm Desert Escrow, Inc. should be your choice.
Note: ACH transfers, Money Orders and Credit Cards are currently unacceptable means of deposits to an Escrow Trust Account. But we're working on it!