Who Does What?


Lender and/or Mortgage Broker

  • Defines loan amount for borrower
  • Qualifies borrower
  • Orders appraisal on subject property
  • Submit borrower’s information to underwriter for approval
  • Orders loan documents to be sent to escrow for borrowers’ signature
  • Documents returned to underwriter for final inspection (correct signatures/dates)
  • Funds (loan amount) ordered sent to escrow trust account for agreed to disbursement by escrow officer
  • Escrow records documents from seller to buyer’s name and Deeds of Trust for Lender
  • Escrow usually takes 30-60 days of which 3 weeks is the average loan process time at this time

Escrow Officer

  • Coordinates all principals of purchase and sales contract
  • Orders preliminary Title Report on subject property to confirm legal information on subject property, owners of record, current taxes, deed/lien information and CC&R’s of record
  • Makes certain that all “conditions” are met as per instructions, agreed to by Buyer and Seller
  • Coordinates all information between both agents, title department, lender and inspectors, etc.
  • Gathers all documentation regarding new and old loans, inspection reports, repairs and title requirements, etc.
  • Arranges for buyer and seller to sign all Escrow and Title papers
  • Record all documents required to transfer title from seller to buyer including a Grant Deed, Deed of Reconveyance and Trust Deeds
  • Disburses all funds necessary for old loan payoff, inspections, demands of payments for repairs, etc.
  • Arranges for seller to receive proceeds of sale

Buyers Agent

  • Represents buyer with purchase of property, loan and escrow process
  • Helps buyer locate lender who tells buyer the price of property they qualify to buy
  • Helps buyer find suitable property
  • Advises buyer and helps negotiate the price and term through sellers agent
  • Reviews all property information from Preliminary Title Reports. liens.
  • Coordinates all information between buyer, lender, escrow, inspections and other agent
  • Guides buyer through process, loan, required insurance, escrow and closing
  • Takes buyer on “walk through” inspection of property to note any problems that need to addressed during escrow period
  • Arranges to meet with any inspectors or property (with or without buyer present)
  • Usually accompanies buyer to escrow for loan and escrow signing
  • Delivers all keys to property after the property records from seller to buyer

Sellers Agent

  • Represents seller of property
  • Orders property profile from title company to determine ownership, liens, legal description, square footage, bedrooms, baths, roof, heat/air, or special amenities such as a pool, workshop, etc.
  • Does market research and tells seller the market value of property from recent sales
  • Lists property on Multiple Listing Service, reaching almost every REALTORĀ® in the community
  • Markets to REALTORSĀ®, advertises, holds open houses, introduces to Multiple Listing Service
  • Oversees necessary repairs of property and maintenance during listing period
  • Negotiates price and terms of purchase contract with buyers agent on behalf of the seller
  • Opens escrow with the title company
  • Coordinates and disseminates information between buyers’ agent, seller, escrow, property inspections and any other involved in sale
  • Oversees inspections and any other repairs agreed to in contract
  • Usually meets with seller to sign escrow/loan documents
  • Arranges pickup and deliver all keys to property and instructional information on any equipment, warranties, etc.

"We are big enough to make a positive difference in each transaction, but small enough to never lose sight of the fact that everything is about you."

SPsign-whiteback

BRE#01081679

Fernando de la Rosa, President
11707 Fair Oaks Blvd., Suite 300
Fair Oaks, CA 95628

(916) 965-3300 Office


(800) 965-3301 Toll Free

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Area Information

  • Sacramento County
  • Placer County
  • El Dorado County
  • Yolo County
  • Stanislaus County
  • San Joaquin County