Escrow



Escrow is a neutral, trustworthy agency where documents and funds relating to a transaction are executed, deposited, held and disbursed only upon the fulfillment of all conditions of the escrow instructions.

Escrow will have a title search performed to reveal the rightful owner of the property as well as outstanding mortgages, liens, restrictions and easements.

Escrow calculates the prorations for monthly and yearly assessments such as real property taxes, lease rents and condominium or other association dues. Escrow also coordinates the recordation of documents and the issuance of the desired title coverage with the clients selected title company.

Prior to and at closing, Escrow will also produce preliminary and final closing statements indicating the various charges and credits to the buyer and seller.

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