The principals to the escrow (buyer/borrower, seller) commonly represented by their Real Estate Agent, cause escrow instructions, most usually in writing, to be created, signed, and delivered to us, the escrow agent. If a broker is involved, he or she will normally provide us with the information necessary for the preparation of your supplemental escrow instructions and documents.
We process the escrow, in accordance with the escrow instructions, and when all conditions required in the escrow have been met, the escrow will be “closed.” Each escrow, although following a similar pattern, will be different in some respects as it deals with your property and the specific transaction at hand.
Our duties include: following the instructions given by the principals and parties to the transaction in a timely manner; handling the funds and/or documents in accordance with the instructions; paying all bills as authorized; responding to authorized requests from the principals; complying with requirements of the lender, if any, and closing the escrow only when all terms and conditions have been met; and distributing the funds in accordance with the escrow instructions and providing an accounting for the transaction in the form of our Closing Disclosure/Settlement Statement also known as the CD.
Realtors and Agents
Know that you as a realtor have the power to make an unbiased decision about which escrow company you would prefer to use. Even though it is the right of the principals to use an escrow holder who is competent, experienced in handling the type of escrow at hand, and that they are comfortable with, there is no doubt that your opinion, and familiarity will be valued. We appreciate you dedication to ensuring all items are completed on task.
Straightforward, it is our goal to provide guidance, exceptional customer service, delivered with integrity, respect, and the highest level of ethical conduct. We, as a team, want to support our clients in any way we can.
Contact us at EscrowOne if we can be of service!
The partner you can trust for straightforward guidance and exceptional customer service, delivered with integrity, respect, and the highest level of ethical conduct.