Escrow Services

T's are Crossed and I's Dotted

What is Escrow?

An escrow is a deposit of funds, deeds or other documents by the principals in a real estate transaction for the delivery to another party upon completion of agreed upon terms. The Escrow Officer is a neutral third party who protects the interests of the principals in the transaction.

Why Do I Need an Escrow?

Escrow ensures that no money or property will change hands until all terms of the agreement have been satisfied.

What Your Escrow Officer Does for You:

Receives and holds all funds for disbursement upon closing
Coordinates with service providers and lien holders to clear title issues and assist with the terms of the sales agreement
Pays bills and disburses all deposited funds as authorized, such as recording fees, loan and lien payoffs, payments to appraisers, warranty companies or other service providers and seller proceeds
Acts upon instructions from the principals and lenders, and relays necessary communication to all parties
Conducts the loan closing according to the lender’s instructions
Arranges for the issuance of the Owner’s and Lender’s Title Insurance Policies
Closes the escrow and records deeds and security instruments once all terms and conditions have been met

What Your Escrow Officer Can Do:

They take pride in their work - we never forget that we work for you!
They have more experience and more practical knowledge than the competition
We regularly put them through on-going training, in fact, most of them participate in classes each month
They regularly team up with real estate agents to bring the most value to both the buyer and seller

What Your Escrow Officer Cannot Do:

Provide legal advice
Negotiate terms of the transaction
Provide investment advice
Act without mutual written instructions from the principals