What is an Escrow Company for Real Estate transactions?

An escrow company for real estate transactions is an independent third-party facilitator that holds funds and documents securely to ensure they are only exchanged when the right conditions are met.

Escrow services are used in real estate transactions to hold the deposit money (i.e., earnest money, funds to close), paperwork, and any other documents involved until all associated contractual requirements have been fulfilled.

This system helps to remove risk from real estate transactions since neither party needs to rely on the other for payment or documents. It also allows them to move forward confidently since both parties can trust that the contract terms will be met.

In short, we serve as guardians of both funds and information to ensure a smooth transaction between two parties involved in a real estate deal.

The Benefits of Using Exact Title for your Escrow needs!

When managing large transactions, we can provide many benefits and safeguards for both parties.

Exact Title is legally responsible for handling and managing funds between two or more parties until a contract is fulfilled or a dispute is resolved. They protect both sides by ensuring that no money is released without all parties agreeing that the contract has been met and approved. In addition, we utilize third-party oversight to guarantee objectivity in their processes.

As your local experts with a combined 40+ years of experience, coupled with National leading underwriters in the Title industry, Exact Title is the top choice for boutique styled Title and Closing services.

Not only do we ensure fairness in the transaction process, but we also help ensure the peace of mind of all parties involved–making them invaluable in business practices today.

When completing larger online purchases or negotiations, it pays to be aware of what Exact Title can offer so you can benefit from its reliability and professionalism on each occasion. Considering these advantages, no doubt utilizing our services offers many benefits when making large transactions safe and secure.