Selling Your Home: Escrow

The marketing and negotiating period may have been exciting but the escrow period is the most critical. This is where a transaction will proceed to completion or not.

What is Escrow?

Escrow is a neutral third party that holds funds and disperses them to the various parties with, and only with, the proper instructions from all parties.

During this time your agent will:

  • Attend and advise on property inspections.
  • Monitor the buyer's loan process.
  • Make sure all time frames are understood and achieved.
  • Work with the title company to assure clear and transferable title.
  • Deal with any and all unforeseen issues that inevitably arise during all transactions.
  • Keep you informed at every step of the way.
  • Explain the final stages of the actual transfer of title and the subsequent delivery of the property to the new buyers.