Once your transaction has been funded by your lender and the transaction is recorded at the county, your transaction is closed and we will disburse your proceeds via mail, wire transfer (your bank may charge you), or you can pick up your check at our office. When you sign your documents with escrow, [...]
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 [...]
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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 [...]
