Comprehensive Real Estate Legal Services in Mandeville, LA
When you need support with purchasing or selling a home, trust the experts at Pellican Escrow Services, LLC, to provide you with the assistance you require. We offer a range of real estate legal services in Mandeville, LA, to help make your real estate transaction as smooth and straightforward as possible. Contact us to learn more about the services we have to offer or to discuss the property that you are looking to buy or sell.
Assistance to Buyers
Homeownership has many great advantages; however, the process of purchasing a property can be quite challenging and stressful. Thankfully, our team is here to help. We provide support for your real estate financing to help you buy a home at a reasonable interest rate. This is ideal for individuals who do not qualify for traditional mortgages. We also provide legal assistance to ensure your transaction runs smoothly from early negotiations to the final closing. We can collect and hold escrow funds for taxes and insurance payments in a secured trust account.
Support for Sellers
If you are motivated to sell your home, and you are looking for the legal or financial services of our trusted escrow company, then we are here to help. We will work closely with you to minimize the amount of time your home is on the market while also maintaining the accounting and financials of your real estate transaction. We will set up an escrow account for the buyer to use when purchasing your property and auto-deposit those payments into your checking or savings account as desired.
How we service you, the BUYER
When to call us:
• When Buyer or property does not meet
qualifications for a traditional mortgage
• Seeking more favorable interest rates
• You’re tired of renting and want to own your home
• You are waiting for another property to sell
• You’re purchasing directly from a family
member or friend and want a professional to
facilitate the payments and escrow accounts
Benefits to you:
• Benefits of home ownership
• You can sell the property before your contract ends
• We provide an IRS form 1098 indicating the amount of interest you paid so you can claim IRS interest deduction
• Save money on closing cost (no points, appraisal, PMI, or stringent loan requirements)
• Your contract is recorded to protect all parties
• Establish payment history to support your refinancing ability
• Option to have your monthly account statements mailed or emailed to you
• We collect and hold escrow funds for Taxes and Insurance in a secured trust account
• Gain peace of mind knowing you’ve planned ahead
• We provide an account analysis every year to keep your escrow account on track
• We can transfer Title with Power of Attorney
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How we service you, the SELLER
When to call us:
• Reduce time your home is on the market
• You want to make a profit
• Property does not appraise for your selling price
• Finance all or portion of the sales price
• Avoid bankruptcy or foreclosure
• You are motivated to sell
• Investors seeking a professional to handle the accounting of payments and escrow accounts
Benefits to you:
• With Bond for Deed contracts, you maintain the title of property until all payments are made in full
• Sellers earn interest as a “Lender”
• We provide accurate payoff of principal and interest due
• Elect to have your payments auto deposited directly into your checking or savings account
• You’ll be informed of any delinquency
• In the event of Buyer’s non-payment, we will issue Default and Cancellation notices
• Avoid the hassle of keeping up with payments, escrow amounts, interest paid, and balances due
• Be informed when insurance and taxes are paid annually
• Receive monthly email notifications when Buyer makes a payment
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