ABOUT US


Betty Betts Escrow Company was founded by Betty Betts in 1961, which has been operating continuously since then, and has seen its share of evolution in technology and Housing Markets. In 1989, Alicia Diaz acquired the company from Betty Betts (the Original Founder). Alicia's escrow expertise began in the Culver City area in 1977. With over 50 years of combined escrow experience and knowledge, Alicia knows what it takes to have a succesful escrow. Alicia and the staff of Betty Betts Escrow are dedicated to provide you with the utmost in professionalism, integrity and accuracy.

Betty Betts Escrow is a true independent escrow company. As an independent escrow company, we are licensed and stringently regulated by the State of California Department of Business Oversight.

Independent, licensed escrow companies are the first line of defense for homebuyers and property owners. Savvy real estate consumers know that buying or selling property does not stop with finding the right buyer or the right investment. And yet, escrow remains one of the least understood elements of the real estate process.

Licensed escrow companies are consumers’ best bet for safeguarding their funds. That’s why it’s so important to work with an escrow officer who has met strict licensing requirements of the California Department of Business Oversight and has undergone a background check and fingerprinting by the Department of Justice.
 

Accountability

 
Licensed escrow companies are required to complete a financial audit every year to ensure compliance with California regulations, and all licensees are subject to random, surprise examinations by the Dept. of Business Oversight.
 
Security
 
The Dept of Business Oversight scrupulously regulates licensed escrow companies. Each licensee is required by law to be a member of the Escrow Agents’ Fidelity Corporation, which provides fidelity coverage for member trust accounts in the amount of $5 million. This fidelity bond guarantees that, in the event of theft of trust accounts, consumer funds are protected.
 
Safety
 
All employees must submit to California Department of Justice fingerprinting and criminal background checks.

You have the right to select your own escrow officer.

That's right, smart consumers can help in the selection of their escrow officer by investigating those companies themselves rather than leaving this important decision to their realty agent or lending institution.

Here’s a checklist to help you choose the right escrow officer for your real estate purchase:

  • Ask your realty agent to make three recommendations for both escrow service and title insurance, and ask why the agent likes these companies.
  • For escrow, determine whether a company is truly acting as a neutral party, or is under the control of a realty agent or mortgage broker.
  • Remember that price is not the only consideration, attention to your specific needs and good service can and in most cases should be more important.
  • Contact the state agency that regulates a company to determine if there are any pending complaints or disciplinary actions.
(courtesy of the Escrow Institute of CA)
 

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Betty Betts Escrow is an independent escrow company, licensed and regulated by
the California Department of Business Oversight.License No. 963-0027

© 1961-2015 Betty Betts Escrow Company & Not Maurice. All Rights Reserved - Privacy Policy