The Department of Business Oversight has been notified that Real Pro Escrow, Inc., and Real ProEscrow, Inc., with a website address of”www.realproescrowinc.com, is offering illegal escrow services to consumers. This company lists its telephone number as (805) 755-6591, and its address as 600 Hampshire Road, Westlake Village, California 91361. Pro Line Mortgage, a licensed real estate company that formerly did business as Real ProEscrow at the Hampshire Road address ceased operations at that location in 2009.” The entity using the names Real Pro Escrow, Inc., Real ProEscrow, Inc., and realproescowinc.com is not associated with Pro Line Mortgage and not licensed to conduct escrow activity in California. The Department advises consumers that using a licensed escrow company affords protections under state law related to disclosures, fees and protection of funds, and provides recourse should there be a dispute with the lender. California consumers should contact the Department of Business Oversight to check on the licensing of all companies, investments or other financial services they are considering.” That can be done by visiting the financial services licensee listing or calling the Department’s toll-free Consumer Services Office at (866) 275-2677.
CONSUMER ALERT
Real Pro Escrow, Inc., Real ProEscrow, Inc., and Realproescrowinc.com
January 22, 2014