Today, let’s start with the basics: What exactly is escrow? An escrow is essentially money or property that is held in the custody of a neutral third party until specific conditions are met. This third party, the escrow holder, ensures that all the terms of a transaction, such as a real estate sale, are fulfilled…
Wire fraud is one of the biggest threats in real estate today, and at Diamond Valley Escrow, we take that threat seriously. Scammers are constantly trying to intercept closing funds through fake emails and phishing attempts—but we’ve got your back. Here’s how we protect your money: 🛑 Rule of Thumb: If you get new wire…
One of the most important (but often overlooked) parts of the escrow process is the preliminary title report. At Diamond Valley Escrow, we partner with the title company to review this document and resolve any issues that could hold up closing. Here are some common things we see—and how we help clear them: 1. Solar…
When you buy a home in California, property taxes are part of the package. At Diamond Valley Escrow, we’re here to help you understand two key things you’ll likely come across during escrow: the Preliminary Change of Ownership Report (PCOR) and the Homeowners’ Property Tax Exemption. What is the PCOR? The PCOR is a form…
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