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Title & Escrow Services

Title and escrow is a two-part process of closing a real estate transaction, “title” being the first part and “escrow” being the second. That means, after you have accepted an offer on your property, you enter into the title and escrow steps.

Someone called an Escrow Representative or Agent will help you through the following process:

Title

The word “Title” refers to a property owner’s legal rights to own, use and dispose of real estate. Whosoever has the title to a property has a legal right to sell, which needs to be proven clearly to future potential legal onlookers, such a court of law.

Simply put, the Escrow Rep ensures that the title is fully investigated and verified to prove the legal right for the seller to sell their property.

The work that goes into this investigation is anything but simple, and it may take some time. To “clear” a title – that is, verify title ownership – there has to be written proof of the investigation and its genealogical history, called a “title plant.”

Escrow

The word “escrow” refers to a process by which a third-party holds “in escrow” land and property until both parties (the buyer and seller) confirm that all conditions have been met within the sale agreement.

The word “escrow” refers to a process by which a third-party holds “in escrow” land and property until both parties (the buyer and seller) confirm that all conditions have been met within the sale agreement.