Services Overview
Use the links to the right to find more information on each of our Services and affiliates.
Mortgage Center
Our affiliate Southern California mortgage lender HomeServices Lending offer a vast menu of mortgage loans.
Relocation
Prudential California and our team of relocation specialists are confident that you and your employee will be pleased with all the aspects of our service. Our counselors take special care to match an appropriate Realtor to your employee after determining the area of interest and specific needs.
Insurance
As you may know, homeowners insurance must be in place by closing. We can provide you with the insurance you need at some of the most competitive rates available.
Escrow
An escrow is an arrangement on which a neutral third party, called an escrow holder, holds legal documentation and funds on behalf of a buyer and seller.
Title
The purchase of a home is probably the single largest investment you'll make in your lifetime. It is only prudent that you safeguard your rights and investment.
Home Warranty
By covering major home systems and appliances, a Home Protection Plan can help make buying or selling a home a more rewarding experience.
Insurance
As you may know, homeowners insurance must be in place by closing. We can provide you with the insurance you need at some of the most competitive rates available. Just fill in the quote request and we’ll provide a no-obligation quote. Coverage can then be arranged immediately to be in place in time for your closing. It’s simple and convenient with no extra forms to complete.
Request a Quote Online
This is the fastest way to submit a request.
Escrow
What is an Escrow?
An escrow is an arrangement on which a neutral third party, called an escrow holder, holds legal documentation and funds on behalf of a buyer and seller. The escrow agent works closely with you, your realtor and lender to assure that the sale conditions are complied within the time period called for in the Residential Purchase Agreement and Joint Escrow Instructions.
After all parties have executed these documents, escrow prepares an Addendum to the Residential Purchase Agreement and Joint Escrow Instructions. Escrow then distributes them according to the buyers and sellers instructions. Both the buyer and the seller rely on the escrow holder to carry out faithfully their mutually consistent instructions relating to the transaction.
Escrow holder is bound by law to notify both parties if the instructions given are not mutually consistent or cannot be carried out. These instructions are drawn by the Escrow Officer, and signed by the buyer and seller. Since the escrow instructions are not as detailed as the Purchase Contract, the information contained in the instructions is intended to direct the Escrow Officer in the specific steps that are to be completed through the escrow instruction.
Title
The purchase of a home is probably the single largest investment you'll make in your lifetime. It is only prudent that you want to safeguard your rights and investment. Title insurance assures that your rights and interests to the property are as expected, that the transfer of ownership is smoothly completed and that you receive protection from future claims against the property. It is the most effective, most accepted and least expensive way to protect your ownership rights.
Because land endures over generations, many people may develop rights and claims to a particular property. The current owner's rights - which often involve family and heirs - may be obscure. There may be other parties (such as government agencies, public utilities, lenders or private contractors) who also have 'rights' to the property. These interests limit the 'title' of any buyer.
Before your real estate transaction closes, the title company performs an extensive search of all recorded documents related to the property. These records are then examined by experienced title officers to determine their effect on the current status of ownership and a report is issued to you or your agents for review. This through examination generally allows any pending title problems to be identified and cleared prior to your purchase of the property.
If title insurance companies work to eliminate risks and prevent losses caused by defects in the title before the closings, why do you need a title insurance policy?
Because even after the most careful research, some title flaws may go undetected. Among the more common flaws to title which are not of record are forgery, invalid court proceedings, mistaken legal interpretations, defective deeds, confusion due to similarity of names, previously unrecognized rights of spouses and undisclosed heirs. These problems may surface at any time in the future.
Protection against these flaws and other claims is provided by the title insurance policy which is issued after your transaction is complete. Two types of policies are routinely issued at this time: an 'owners policy' which covers you, the homebuyer for the full amount you paid for the property; and a lender's policy which covers the lending institution over the life of the loan. When purchased at the same time, you can obtain a substantial discount in the combined cost of an owner's and a lender's policy. Unlike other forms of insurance, your title insurance policy requires only one moderate premium for a policy to protect you and your heirs for as long as you own the property. There are no renewal premiums or expiration date.
Each policy is a contract of 'indemnity'. It agrees to assume the responsibility for legal defense of your title for any defect covered under the policy's terms and to reimburse you for actual financial losses up to the policy limits.
This insurance protection is an important follow-through of the service you receive from California Title Company and its title insurance subsidiaries.
Home Warranty
Home Buyers Protection
By covering major home systems and appliances, a Home Protection Plan can help make buying or selling a home a more rewarding experience.
Home buyers benefit:
- Coverage for unexpected repair or replacement costs of many of your home's major systems and appliances.
- Convenience with access to our network of local certified contractors through our service representatives available 24 hours a day, 365 days per year.
- Budget protection by only paying a nominal service fee per trade call in most situations.
Home sellers benefit:
- Competitive edge for a faster sale.
- Potential additional negotiating power to sell at a higher price.
- Reduce after-sale liability.
First American Home Protection
