A real estate purchase is the largest financial transaction most people will have in their lifetime. You’ve got to do it right. Escrow helps avoid mistakes and problems in the process.

Escrow is a simple, but vital, service which allows a 3rd party to hold the funds while the transaction is being prepared for closing. It is designed to protect both the buyer and seller in the transaction.

Put simply, the biggest mistake a real estate Buyer can do is send their money to the Seller before all legal documents are signed. The Seller, however, doesn’t want to sign if the Buyer is still holding all the money.

That is where escrow comes in and one of the many reasons why it is so important for a successful transaction.

We deliver funds to the appropriate parties – Seller, real estate agent, lawyer, notary, etc – only when legal documents have been signed and authorized. We do it quickly, however, so that all parties get paid most likely on the same day of the closing.