Yes they can, typically it is within the instructions and most great escrow companies will not charge anything unless they have paid for items on your behalf such as messenger fees, copies, notary, etc. Depending on the type of Escrow Company, they may be governed by either the CA Dept of Corporations - OR - the CA Dept of Real Estate. DOC regulates Independent Escrow Companies not affiliated with a Real Estate Brokerage and can perform escrow duties for any transaction; DRE regulated RE Brokerage Specific Escrow Companies that can ONLY perform escrow duties for transactions involving the Real Estate Brokerage that owns them.
Hope this helps,
Broker / Owner & Certified HAFA Specialist
Thom Colby Properties
Newport Beach, CA
Moving Lives Forward (TM)
We NEVER DOUBLE-END a Transaction in our Brokerage. There is NO benefit to the Seller or Buyer but only benefits the Agent.
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This business is full of paperwork, contracts, and small print...I would have have hoped your Real Estate Professional would have caught something like that before the Escrow company was chosen. remember, in the future, it is YOUR choice and NO ONE Else's, as to who to use for Escrow Services.
Best of Luck...
Stay Blogging My Friends!
Before or after the contingency removal. As well as usually if the agent have normal relationship with the esrow, they usually waive the fee. Hope it helps.
Amir Vahdat | Broker
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