OUR COMPANY
Established in 2014, Beachwood Escrow, Inc. is Venice’s premier independently owned and licensed escrow company specializing in residential and commercial real estate. We are dedicated to the highest standards of professionalism, efficiency and financial reliability to ensure your transaction runs smoothly from start to finish. Our priority is the customer - delivering prompt, friendly and dependable service to make your escrow as easy as possible and to give you peace of mind. We look forward to hearing from you.
OUR TEAM
Please contact us at: ATeam@beachwoodescrowinc.com
KARINA ROMERO
Jr. Escrow Officer, Notary Public
Karina has been in the Escrow Industry for over 9 years. Her focus on support and service ensures each transaction flows smoothly through consistent communication and transaction management. Being bilingual brings even more diversity and adds tremendous value.
Karina’s professionalism, and positive attitude provides a great level of support to the Beachwood Escrow Team.
ADVANTAGES OF USING AN INDEPENDENT ESCROW COMPANY
Beachwood Escrow, Inc. is an independent and licensed escrow company. Choosing an independent escrow company comes with many advantages:
They are not tied to any real estate, title or mortgage brokers and can therefore act as an unbiased third party. Independent companies have no stake in the outcome of a transaction other than the successful closing of an escrow.
All independent companies must be licensed by the California Department of Business Oversight thereby holding them to a higher standard with stricter guidelines for operation.
Licensed escrow companies are consumers’ best bet for safeguarding their funds.
In order to obtain licensure, independent companies must adhere to the following regulations:
All employees must pass a Certificate Program including fingerprinting and background checks by the Department of Justice.
An escrow officer with at least 5 years experience must be on-site.
In order to prove financial stability, at least one CPA audit per year is conducted as well as surprise examinations by the Department of Business Oversight.
They must not employ anyone with a felony record or who has been disbarred from the real estate industry.
Must be a member of Escrow Agents’ Fidelity Corporation (EAFC) which provides fidelity coverage for member trust accounts.
The company’s sole business is providing escrow services, which requires a higher level of state regulatory requirements and oversight.
