Frequently Asked Questions

What is escrow, and why does San Diego real estate require it?

Escrow is the neutral, independent process that holds funds and documents on behalf of a buyer and seller until every condition of the sale has been met. Elite Escrow Services has served San Diego since 1971 as a fully independent, licensed escrow company, meaning we do not represent the buyer, the seller, the lender, or the agent. Our only job is to make sure the transaction closes accurately and fairly for everyone involved.

How long does escrow take in California?

A typical residential escrow in California closes in 30 to 45 days, though the exact timeline depends on financing, inspections, and any contingencies written into the contract. Cash transactions can close faster. Your escrow officer will give you a specific timeline once the transaction opens.

What does an escrow officer actually do?

An escrow officer manages the paperwork, funds, and timeline of a real estate transaction from the moment it opens until the keys change hands. That includes collecting and holding the buyer's deposit, coordinating with the lender and title company, making sure contingencies are cleared on schedule, and preparing final closing documents. At Elite Escrow, the same officer stays with your transaction from start to finish rather than handing you off between departments.

What is the difference between escrow and title?

Escrow holds the money and paperwork and manages the closing process. Title confirms legal ownership of the property and issues title insurance to protect the buyer and lender against ownership disputes. Elite Escrow works closely with title companies on every transaction but is independent from them, which keeps the process neutral.

Why choose an independent, boutique escrow company over a larger one?

A smaller, independent escrow company means direct access to the person handling your file. At Elite Escrow, that means a phone call gets answered by someone who already knows your transaction, not a call center. It's the same hands-on approach we've offered San Diego agents and clients since 1971.

How do I open escrow with Elite Escrow Services?

Call (858) 560-4781 or email AskElite@EliteEscrowServices.com, or stop by one of our two San Diego locations: Mercury Street or Coronado. Most transactions can be opened the same day.