The Balance
Author: Justin Pritchard Read His Bio| Follow Him on Twitter
Date: Updated December 14, 2021
URL: https://www.thebalance.com/what-is-escrow-315826

According to The Balance, real estate escrow is “… is commonly used when you buy or sell a home. It opens when a signed agreement is delivered to an escrow officer, who ensures that the conditions of the contract are all satisfied. For example, the officer might verify that home inspections, disclosures, and objections are completed or resolved on time. Escrow closes when the purchase money is disbursed to the seller and the title is recorded in the name of the buyer.”

Head over to The Balance to learn more about Real Estate Escrow and best practices! https://www.thebalance.com/what-is-escrow-315826

1. Our company prides itself on our impeccable accuracy to ensure customer security. Overlooked title problems can result in customer inconvenience and expense. We have access to all county public records, including tax records, corporate searches, UCC lien and judgment searches and property appraisers records.
2. We have a dedicated commitment to our clients to provide superior customer service. It seems that in our business world today, customer service is no longer prevalent. The increasing demand for technology has often times taken away from customer service to the client. — Customer service is our top priority
3. Customer service and satisfaction is our primary goal. It is the cornerstone of our title company.
4. Convenient location and access for your buyers and sellers. We will close anytime and anywhere that is convenient to all parties.
5. Courier service to provide you the closing documents for execution and closing for those days when you just can’t seem to get out of the office.
6. In-house title information to provide fast accurate title searches and title commitments.
7. Bi-weekly updates on the status of the real estate closing. We provide you with copies of the title commitment and closing statements days in advance of the closing.
8. New home purchase discount to homebuilders saving you money and keeping your costs down.
9. Prompt, professional service at an affordable price. We demonstrate knowledge, skill, experience, dedication, understanding and patience – The key ingredients to a smooth and successful closing, after all,
10. We are your neighborhood title company.

Because we are a professional Title Insurance Closing Agent in business to provide YOU, the client, the best possible service. We make you feel right at home, after all, “We are your Neighborhood Title Company.”

Accuracy

Overlooked title problems can result in customer inconvenience and expense. Our reputation of impeccable accuracy ensures customer security.

Ambition

A dedicated commitment to superior service is the cornerstone of our title company.

Punctuality

Our experienced staff proudly provides efficient title services, avoiding troublesome delays and meeting our customers needs.

Responsibility

Although customer satisfaction is our first responsibility, we also participate in local, state and national organizations enhancing the land title industry.

Quality

Measuring our expanded real estate knowledge, technology, experience, and courtesy, it is clear that we care about our clients.

This blog is courtesy of Victoria Arah, RocketMortgage.

What Does A Title Company Do?
by Victoria Araj (view profile here)
RocketMortgage.com

The title company is a third party that works on behalf of both the lender and the buyer. You hire them to research and insure the title of the home you’re buying.

Chain Of Title
Title companies will research what is called the “chain of title,” or the full history of the home’s ownership.

Title Research And Property Survey
Your title company will conduct a property survey. Required to close on a home in most states, surveys ensure that the home occupies only the space indicated on the title.

Determining Who Holds The Title
It’s important to work with the title company to make sure that the wording on your title accurately describes who has the right to transfer ownership.

Closing
Title companies usually manage the closing on your home.

Funding
Title companies may hold and manage money in escrow, with the help of an escrow agent. An escrow account is a savings account managed by a third party – in this case the title company – which distributes payouts under certain conditions.

Protect Your Investment
Without the protection of title insurance, a homeowner may be in jeopardy of losing the investment due to hidden liens and encumbrances that could result in a claim against ownership.