REOs (Bank-Owned)

Commonly known as “Real Estate Owned”, REO Escrow involves the buying of a piece of property by a Bank or a Lender as a consequence of Foreclosure. There are many complications that come with such type of a transaction and which have to be followed for escrow to complete. This is where Parkfield Escrow comes in with our expertise to help you get it over and done with. There are often strict deadlines which have to be met, and the reporting standards have to be very high, just like the Bank requires. There are no details that should be left out no matter how minor they seem; you do not want to perceived as dishonest and discredited. Parkfield Escrow is dedicated to ensuring that we meet the high standards of the REO Escrow process, and that everything is completed without any hitches.