why glen oaks escrow

An Independent Escrow Company
 

You can feel more secure with an independent escrow company. Unlike banks, title companies and brokerages, an independent  rm must comply with stricter operational and CPA auditing, bonding requirements,  nancial liquidity requirements and trust fund insurance guidelines.
 

	Independent	Title Company	Broker Owned	Bank or Savings & Loan
Management	5 Years Experience as Escrow Officer	No	No	No
Licensed by Dept. of Corporations	Yes	No, Regulated by the Dept. of Insurance.	Licensed through the Real Estate Broker by the DRE	No, Regulated by the Dept. of Financial Institution
Annual Audit with No Prior Notice	Yes	No	No	No
Annual CPA Audit	Yes	No	No	No
Employees Appvd by DOC and Dept. of Justice	Yes	No	No	No
Bonding Requirement	Yes	No	No	No
Req. for Financial Liquidity	Yes	No	No	No
Trust Fund Insurance	Yes	No	No	No

 

We are licensed by the Department of Business Oversight for the State of California. All of Glen Oaks Escrow’s staff has been approved through the Department of Justice. Additionally, with less bureaucracy, our independent escrow company more easily achieves greater ef ciency and productivity.