Buying or selling a home in Los Angeles is exciting—but it also comes with terms and steps that may feel unfamiliar, especially for first-time buyers. One of the most important parts of any real estate transaction is escrow. Understanding what escrow is and how it works can make your experience smoother, more transparent, and far less stressful.

At the Stephanie Younger Group, we guide our clients through escrow every day. Below is a simple, clear breakdown of what you can expect.

What Is Escrow?

Escrow is a neutral third-party process that ensures all parties in a real estate transaction meet their obligations before the sale is finalized. The escrow company holds funds, documents, and instructions until every condition of the purchase agreement is satisfied.

Think of escrow as a safety checkpoint that protects both the buyer and the seller.

Why Escrow Matters in Los Angeles Real Estate

The LA market moves fast, and transactions often involve large sums, multiple contingencies, and strict timelines. Escrow ensures:

• Secure handling of deposits and funds
• Clear documentation and compliance with California real estate laws
• Fair execution of the contract for both parties
• A structured, neutral environment that reduces risk and miscommunication

Escrow acts as the backbone of the transaction—from accepted offer to keys in hand.

How the Escrow Process Works: Step-by-Step

1. Escrow Opens After an Accepted Offer

Once both buyer and seller sign the purchase agreement, escrow is officially opened. The buyer submits their earnest money deposit to the escrow company for safekeeping.

2. Documents & Instructions Are Reviewed

The escrow officer reviews the contracts and confirms that all terms are clear and actionable. Both parties receive escrow instructions outlining what they must complete during the process.

3. Contingency Period Begins

During this time, the buyer conducts due diligence, which may include:

• Home inspection
• Appraisal
• Loan approval
• Review of disclosures

The Stephanie Younger Group helps guide clients through every step, negotiating repairs or credits when necessary.

4. Escrow Facilitates Communication & Requirements

Throughout the process, escrow ensures each milestone is completed on schedule:

• Deposit verification
• Loan documents
• Title search and insurance
• HOA documents (if applicable)
• Closing paperwork

They collect signatures, coordinate with lenders, and keep both sides on track.

5. Final Approval & Closing

Once all contingencies are removed and the lender is ready, the buyer signs their loan documents and final closing paperwork. Escrow then:

• Receives and distributes funds
• Ensures the title is transferred
• Records the deed with Los Angeles County

When recording is confirmed, the buyer officially becomes the new homeowner, and keys can be handed over.

How Long Does Escrow Take in Los Angeles?

In most LA real estate transactions, escrow lasts 30–45 days. However, timelines can vary depending on financing, property type, and the details of the contract.

Who Chooses the Escrow Company?

In Southern California, the escrow provider is often chosen by the seller, though it can be negotiated. The Stephanie Younger Group works with reputable escrow partners who prioritize communication, transparency, and efficiency.

Escrow Fees in Los Angeles

Escrow fees vary based on:

• Purchase price
• Complexity of the transaction
• Additional services needed

They are typically split between buyer and seller, though this can be negotiated in the offer.

Why Working With the Stephanie Younger Group Matters

The escrow process can feel overwhelming without the right guidance. Our team provides:

• Clear expectations from day one
• Timely communication with all parties
• Expert negotiation during inspections and contingencies
• Trusted partnerships with escrow and title professionals
• A seamless path from accepted offer to closing day

Our goal is to make the escrow experience feel simple, transparent, and stress-free.

Final Thoughts: Escrow Doesn’t Have to Be Complicated

Escrow is a vital safeguard that ensures a secure, well-organized real estate transaction. With the right team by your side, you can move through each step confidently and efficiently.

Whether you're buying or selling in Westchester, Playa del Rey, Mar Vista, Culver City, Playa Vista, or any part of the Westside, the Stephanie Younger Group is here to guide you through escrow and beyond.