Escrow is a service in which a neutral party handles documents and monies, related to the Real Estate transaction for a fee. In title & escrow, all parties involved give their instructions to the title & escrow company which holds all kinds of documents until these instructions are completed.

Whether you are the buyer or the seller, you want assurance that no funds or property will exchange hands until all instructions have been followed. Escrow will guarantee this.

Read the instructions carefully and make sure that they are accurate and complete. Any questions should be directed to the title & escrow officer. And remember, when you have legal questions, ask an attorney.

When all instructions of all parties to the title & escrow have been carried out, the closing can take place. All funds are collected and all costs are paid. Title is then transferred. If you have any questions on title insurance please contact First American Title Insurance Company. If you have any questions regarding title & escrow , contact your title & escrow company.