Los Angeles-Long Beach, CA (1888PressRelease)
August 20, 2007 - The current real estate market, particularly the home mortgage lending market, has been in distress. In light of the current moves by The Federal Reserve, The Escrow Edge, Inc. announced that effective immediately new rates and fees are in place to help stabilize some of the difficulty obtaining mortgages.
Sluggish home sales and rising delinquencies are a very real problem in many markets.
“Lack of available financing has caused concern for both buyers and sellers in our marketplace.” says Shelley Davidson-Davis V.P. and General Manager of The Escrow Edge, Inc. “We understand real estate is an investment vehicle for building wealth and the family dream, not nightmares.”
With the newly reduced fees and costs, as well as a team of highly experienced escrow specialists, real estate transactions can now close faster and more efficiently with the power of a team. This means maximum service and effort where and when you need it most. The Escrow Edge, Inc. is designed to meet today’s new challenges both in California as well as offering Nationwide closing services; offering both traditional and high technology services for the customer.
The National Association of Realtors predicts home prices will turn slightly positive again by spring of 2008 and rise about 2 percent that year, until then, The Escrow Edge, Inc. will continue to offer reduced pricing without the sacrifice of service in this volatile economy.
The Escrow Edge. Inc. Team has over 45 years of combined experience in providing escrow services with team members who take pride in total performance of the E cycle. We promote a sensitive and personable attitude when attending to the needs of the parties of the transaction, their agents, attorneys and accountants.
As an Independent Escrow Corporation, regulated and licensed by the California Department of Corporations, we are bonded by the Escrow Agents Fidelity Corporation. Every member of our team is required to pass a certification program, which includes fingerprinting and background checks. We are annual independently audited by a certified public accountant and are subject to audit by the Department of Corporations.
A copy of this press release can also be downloaded from the Escrow Edge, Inc website www.escrowedge.net.
