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Why
do I need Escrow?
Whether you are the buyer, seller,
lender, or borrower, you want the assurance that no funds or property
will change hands until ALL of the instructions in the transaction
have been followed. The escrow holder has the obligation to safeguard
the funds and/or documents while they are in the possession of the
escrow holder, and to disburse funds and/or convey title, only when
all provisions of the escrow have been complied with.
Be sure to choose an independent licensed
escrow provider, who is 100% neutral, licensed by the Department
of Corporations (DOC), requiring adherence to the most stringent
standards in the industry and whose sole business is providing escrow.
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