Featured home: 165 Arbor View Lane in Lafayette

Superior craftsmanship in a Tuscan villa

Where: 165 Arbor View Lane, Lafayette, CA 94549 (listing | tour)

Built with exquisite finishes and impeccable design, this airy home in Lafayette features high ceilings throughout, impressive attention to detail, and beautiful views at every turn. European Oak floors lead you from the foyer to the gourmet kitchen that includes a sizable island and gorgeous cabinetry. A spacious great room boasts an incredible floor-to-ceiling stone fireplace. The stunning master suite is your own private escape, offering a fireplace, immense walk in closet, and luxurious master bath. An expansive loggia lets you enjoy the outdoors no matter the weather, and the endless design opportunities for the backyard allow the buyer to customize the outdoor space to fit his or her needs.

A masterpiece of an estate in Contra Costa County, this Tuscan villa is nothing short of a showstopper.

The 4,785 square-foot home and property include:

  • 5 beds
  • 6 baths
  • Attached 3-car garage
  • Hardwood and tile flooring
  • Wine cellar
  • Multiple fireplaces
  • Loggia

Listed at $2,995,000 by Karen Richardson of the Orinda office.

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How long does an escrow period last and what can complicate it?

Agents Sound Off


Karen Richardson

Question: How long does an escrow period last and what can complicate it?

Answer: A “typical” escrow is 30 days. That gives the title company plenty of time to pull up the title report, and search for any liens, easements, lawsuits, or any other clouds on title. When the title company closes escrow and you are granted title they are insuring that you know everything that may be attached.

There are three other things that determine how quickly or slowly escrow closes, and these are on the buyer’s side. The loan contingency automatically makes the contract default to 17 days for the loan to go through underwriting and have complete approval.

The second factor is the appraisal contingency which is when the bank orders an appraisal of the property. If there is a difference between the appraisal amount and the purchase price, the buyer is required to pay the difference in cash.

Finally, there is the physical contingency which the buyer can make any amount of time they choose, but again defaults to 17 days. Often reports have been done on the property in advance. If not, buyers may need time extensions to complete, review, and sign off on any inspection findings. Agents will file time extensions at this time, which can make the escrow period as long as it takes for the buyer to feel they know and accept all they need to about the property.

At that point, the buyer can sign off this contingency, or ask for a price reduction, or request that repairs be made. So, while a “typical” escrow is 30 days, they can go from 1 week to many weeks, depending on these factors.

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