What is Escrow?

 An escrow is an arrangement on which a neutral  third party, called  an escrow holder, holds legal  documentation and

funds on behalf of a buyer and seller. The escrow agent works closely with you, your realtor and lender to assure that  the sale conditions are complied within  the time period  called  for in the Residential  Purchase Agreement and joint Escrow instructions.

After all parties  have executed  these documents,  escrow prepares an Addendum to the Residential Purchase Agreement and Joint Escrow Instructions. Escrow then distributes them according to the buyers and sellers instructions. Both the buyer and the seller rely on the escrow holder to carry out faithfully their mutually consistent instructions relating to the transaction.

Escrow holder is bound  by law to notify  both parties  if the instructions given are not mutually consistent or cannot be carried  out. These instructions are drawn by escrow officer, and signed by the buyer and seller. Since the escrow instructions are not as detailed as the purchase  Contract,  the information contained in the instructions is intended to direct the Escrow officer in the specific  steps that  are to be completed through the escrow instruction.

Residential Escrow Services:

We handle all aspects of the escrow process for residential real estate transactions. From holding buyer deposits to preparing final settlement statements, we ensure each step is accurate and compliant.

For Buyers:

• Hold and safeguard earnest money deposits

• Review and verify title documentation

• Disburse funds only when all conditions are satisfied

For Sellers:

• Confirm buyer’s funds are deposited and cleared

• Pay off liens, loans, and other obligations at closing

• Disburse sale proceeds securely and quickly

Refinance Escrow:
If you’re refinancing your mortgage, we’ll coordinate with your lender to ensure all payoffs and new loan funding are completed efficiently.