| |
 |
|
 |
| |
 |
|
 |
|
 |
| Our dedication to pleasing our customers is rewarded by their happiness and satisfaction; to this end we will always provide a better way to close. |
 |
|
 |
|
 |
|
|
| Escrow Services |
| |
When a purchase & Sale Agreement (also called an Earnest Money Agreement) is completed, the real estate agent deposits the earnest money in their Broker’s trust account and delivers a full copy of the agreement to escrow.
The escrow closer is a neutral party who holds and disburses the parties’ funds, prepares an accounting of the transaction, prepares certain documents to transfer ownership; all in accordance with the terms of the Purchase and Sale Agreement and written instructions.
The escrow closer reviews the documents, orders title insurance and any necessary payoffs (to clear title to the property). Pertinent information is requested from the buyer and seller at this time.
The buyer arranges financing. The loan documents are delivered to the escrow closer to prepare final statements, escrow instructions and documents for the transfer of ownership.
The buyer and seller will be contacted for a signing appointment to sign and review the appropriate documents. The buyer’s closing funds are deposited with escrow when the closing papers are signed.
Upon approval by the lender, the Warranty Deed and Deed of Trust are delivered to the title company for recording with the County Auditor. Verification of recording is given to the escrow closer who then disburses funds. |
| |
|
|
