Saturday, July 31st, 2010

While escrow is a very demanding profession, the personalized service we are known for has fostered long-term business relationships. Many of our clients (buyers, sellers & real estate pro’s) have turned into friends that we see at Little League, the grocery store, school and even at Western Gaming horse shows. Connecting [...]

Welcome to Legacy Escrow Service.

We thank you for the opportunity to serve the real estate professionals and lending community in the Puget Sound region. Our belief is that when we work collaboratively and professionally the clients we serve will have smooth and pleasant closings of their purchase, sale or refinance transaction.
Welcome!
Lynlee [...]

Our office is located just south of the Everett Costco on 19th Ave SE and literally across the street from Silver Lake, Emory’s Restaurant on the lake and The Everett Clinic. Everett Mall is in the vicinity.
Directions:
From the Everett Costco store: head southbound on 19th Ave SE  where it will take you around [...]

With short sales a large part of the real estate sales fabric in our Puget Sound region, it is imperative to have a realistic approach to understanding the complexities of the transaction. What can you expect? What is escrow’s role and how can I best prepare my clients for the transaction?

From the Records and Licensing Services Division, Dec. 11th, 2008:
King County is facing an unprecedented $93.4 Million 2009 budget deficit.  The 2009 budget deficit will be addressed through permanent reductions, efficiencies, salary and overhead savings and limited use of reserves.  One of the strategies to offset costs is with reductions in employee hours worked.  All [...]

Legacy Escrow will call you when your loan documents are received by your lender, then schedule a time for you to sign your paperwork.
Set aside about 1 hour to sign your closing documents. Escrow firms have banking hours for a reason. While we do make arrangements for those that cannot make time to [...]

No.
In Washington State, closings are not simultaneous as is the custom in a few other States. Closing often takes place several days after signing your documents. Once your paperwork is signed, escrow sends your loan documents back to your lender (sometimes across the country) via overnight air by UPS. [...]

Should I stop payment or skip a mortgage payment during escrow? The quick answer is no. A common scenario unfolds during a refinance or the sale of a home. Since an existing loan is going to be paid off should I make my current payment or skip it?The potential pitfalls of [...]