Escrow Officer Blog - Luisa Orellana

Because the selection of an Escrow Holder is not usually critical to either principal in a transaction, real estate brokers have in the past played a large role in deciding where a transaction would be escrowed. In recent years, however, there has been an increasing effort on the part of federal ...

Most recently, frequently I have been asked, What is a Reverse Mortgage? From what I understand, A "reverse" mortgage is a loan against your home that you do not have to pay back for as long as you live there. With a reverse mortgage, you can turn the value of your home into cash without having t...

"OLE! A Summer Night in Sevilla" Details: Thursday, July 31, 2008, 6:30pm- 1:30am Admission: $20 per person. Admission includes complete event package including Complimentary Red and White Sangria, Complimentary Spanish/ Latin Wine Tasting, Live Flamenco Ensemble, Flamenco Dance Performances, Com...

MOTHERS and MOMSThis is for the mothers who have sat upall night with sick toddlers in their arms,wiping up barf laced with Oscar Mayerwieners and cherry Kool-Aid saying,'It's okay honey, Mommy's here.'Who have sat in rocking chairs for hours on end soothing crying babies who can't be comforted.T...

It's Friday today, and My husband and I have plans to go watch a movie. Since we haven't done so in a while. While searching reviews and reading up on what good movie is out there, I ran into "Closing Escrow" the movie. LOL! Someone actually made a movie about selling and closing escrow? I am cur...

What is a Short Sale?A Short payoff sale is generally defined by loan loss mitigation professionals, as:A sale in which a lender allows the property securing a mortgage or deed of trust loan to be sold for less than the existing loan balance, due to factors such as the Borrower's financial circum...

So many of you may or may not know that I am a Cigar Aficionada. It's been sometime now that I was introduced to cigars by my one and only David. Since than, I have explored and have found myself to enjoy several cigars.Some of my favorite lines are CAO, Cohiba, Arturo Fuente, among others. I sti...

I am always surprised to hear "What is an Escrow Officer?". I can't believe I still get asked that question. But I know there are still some out there that have No Idea what an Escrow Officer is nor what an Escrow Officer does. Escrow officers facilitate the sale or refinancing of a property by r...

I am often asked if it is necessary to obtain and deliver property disclosure reports to a buyer, although the property is being sold "AS IS".Well, California has several laws regarding natural hazard, property tax and environmental disclosures during a real estate transaction.                   ...

As an Escrow Officer, I run into daily requests for things that are NOT within my job description. I already have a lot to do as an Escrow Holder. But over the years, in order to obtain more business from real estate agents and brokers, Escrow Officers have been taking on more and more responsibi...