Act as a neutral third party between Buyer and Seller or Debtor and Creditor.
Process payment from the Buyer/Debtor quickly and accurately.
Provide account flexibility such as balloon payments, interest rate and payment changes, late charges and prepayment penalties.
Disburse funds according to instructions received from the Seller/Creditor.
Send a comprehensive statement of the account to the Seller/Creditor each time a payment is received.
Provide the Buyer/Debtor with an annual, itemized statement of the account.
Complete all interest income and expense reporting required by the IRS.
Furnish IRS Form 1098 and 1099 INT to the Buyer and Seller for tax purposes.
Setup reserve account for payment of taxes and insurance.
Safekeeping original documents.
What It Costs:
The set-up cost is $200.00 for most contracts, including safekeeping of original documents. Monthly service charges start at $15.00 for an account with a monthly payment and one disbursement.
*Services to accommodate unique terms of some agreements are available based on special instructions. Additional fees are based on the services requested. Call (503) 684-6556 today for more details.
*** This calculator is a tool provided by Guardian Contract Services for information purposes only. An amortization schedule is accurate ONLY if full payments are made on time. ***
Hours Of Operation:
Monday thru Friday
9:30am to 4:30pm pst.
*Closed on State and Federal Holidays
Phone and Email:
Phone:
(503) 684-6556
Email:
Info@guardian-escrow.com