The better question is: are they licensed/ bonded/ insured, and who is the governing entity in the state/ country in which they work. How would you file a complaint if you needed to? Are they truly "neutral", or are they just an arm of the bank from which you are purchasing? Are their fees competitive with other (local) escrow companies? Will the seller be paying comparable fees to the buyer, or is the seller's rate discounted at the expense of the buyer? (Yes, this DOES occur.)
The reason laws have been passed that prohibit sellers from forcing the use of their escrow company upon the purchaser is because there have been less-than-neutral transactions that have occurred.
Please investigate FULLY before selecting an escrow company.
The Bremner Group at Coldwell Banker
REALTOR, 00588885, ABR, CDPE, eAgent, CSP, SFR, HRC, CRE
(O) 310-571-1364 DIRECT
When an REO is sold in Southern California, is is more common for an in-state escrow company to handle the transaction than an out-of-state escrow or title company.
Coldwell Banker Residential Brokerage