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Escrow accounting |
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How our escrow accounting service works1. You receive your monthly bank statement. 2. You create a copy of your monthly escrow activity in either electronic or hard copy. It doesn't matter what software system you use, we can work with any type of software. We can even work with you if you are completely manual! 3. You provide the bank statement and the escrow activity to Desert View Financial Services. Depending on your situation and needs, you can provide the information via email, courier (FedEx, etc.), or fax. For clients in the Salt Lake City area, please contact us if you need pick-up service. 4. We reconcile the account for you and provide a report showing your ending escrow trial balance, your outstanding items, and a list of any adjustments. We also provide any other reports that are required by state law or that your underwriter has requested of you. 5. We provide a list of items that need attention, along with a recommendation of how to handle each item. We are available to help you with any of these items, or anything else, at no additional charge. (telephone or email support) 6. Once all reports are complete, we will return everything to you. While we can't make any guarantees about the length of time each reconciliation will take, we pride ourselves on prompt, courteous service and we will get your work done as quickly as possible. Our usual turnaround time ranges from one day to two weeks. |
© 2008 Desert View Financial Services, LLC | 733 King St, #203 Layton, UT 84041 | (801) 680-3181
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