Escrow Global Ltd is a legitimate company but like other escrow service providers (eg. Escrow.com) its name has been used by fraudsters who set up websites claiming to be affiliated with it. Always contact the company itself to check.
Licensed escrow companies are always legitimate so it advisable to work with a licensed company in NJ or usa. I'll recommend https://escrowlion.com. They have low fees and they are extremely fast.
senior is a legitimate company!
The Escrow Company is in the real estate industry. Basically, the escrow is the money held by a third party on behalf of a transacting party. In the USA its specifiacally used in real estate for property tax and insurance.
Call a title company
Yes, a title company can keep escrow funds. Companies like escrow and escrowlion.com can keep your funds in their escrow account. I'll recommend escrowlion.com for any online transaction. They also have good customer care service. PS: I do not work with escrowlion.com. My answers are based on experience.
Yes, it is a legitimate company.
Answers.com is a legitimate company with many offices around the United States. The answers.com company also owns other sites such as Foresee and Webcollege.
In my case, I had to contact my Escrow Agent. If you don't know who was your agent then first try to find who was the Escrow Company then give them a call and tell them your Escrow number and they will transfer you to your Escrow Agent. Then the Agent will give you options as if you want to get the statement emailed or mailed to you. Hope that helped a bit.
Lost escrow is excess money owed you by an escrow company or middle man between your mortgage, insurance, taxes, etc. This money if abandoned, will sometimes be outsourced to a company that specializes in searching for intendees of lost items such as positive escrow balance. A more generalized way companies advertise this money owed to citizens is through the local state comptrollers office. Look there first.
No. There is no need for escrow if you paid cash, even if you obtained the cash by giving a note and mortgage to a lender.
It seems that that company is NOT a legitimate company. One reason is that the information is out dated, the location is not legitimate, and they only accept western wire transfer.
The total balance in escrow is shown on a company's balance sheet at the end of every period, either as a liability or in a section between liabilities and equity. The separate bank account that the escrow funds are held in is shown as a current asset outside of the company's operating account. In this way, the escrow funds are both an asset and a liability in the company and are a "wash." However, the accounts cannot be netted against each other because they must be visible as both asset and liability according to GAAP.Read more: http://www.ehow.com/info_11384335_accounting-treatment-escrow-account.html#ixzz2l5oMh8nY