Beverly Hills Escrow is a full service company specializing in a broad range of transactions. In our 60 plus years of business, we have handled more than 100,000 escrows, from simple to complex.
We are licensed by the Department of Business Oversight, #963-0029. We are also in compliance with all of the current CFPB (Consumer Financial Protection Bureau) regulations and are bonded by the Escrow Agents Fidelity Corporation.
Our Services Include:
Sale Escrows: Homes, Apartments, Condominiums, Co-Ops, Office and Industrial Buildings
Refinances- 1st, 2nd and 3rd Trust Deeds
We also do 1031 Exchanges through our Sister Company, Beverly Hills Deferred Exchange.
Beverly Hills Escrow Mission
Our mission is to provide premium escrow services through our experienced team, our personal service and our effective execution. We set a new standard for escrow, full of tender loving care. In the end, we measure our effectiveness by ensuring that we have seized every opportunity to maximize the speed and economic benefit of your transaction.Deferred Exchange
Tax-Deferred Exchange allows owners of investment property to defer the payment of capital gains associated with the sale of those properties. It involves a series of rules and regulations that must be met in order to take full advantage of this tax benefit. These rules allow owners of certain types of like kind Real and Personal property to sell their property and other like kind property without paying the Capital Gains Tax. The rule also requires that the "Exchanger" use a safe harbor to hold the proceeds while the exchange is in progress, and spells out what the safe harbors are. The only safe harbor, for most "Exchangers", is a "Qualified Intermediary". A Qualified Intermediary has a complete understanding of everything that is involved in utilizing this section of the code and will walk you through the process.
Beverly Hills Deferred Exchange has been helping individual and corporate investors since 1987, handling hundreds of transactions of varied complexity. We are experts in direct exchanges, and will be happy to assist you in your next Exchange as the Qualified intermediary.