An escrow is a contractual arrangement in which a third party receives and disburses documents and/or money for the primary transacting parties. The word derives from the French word escroue, meaning a scrap of paper, a deed that a third party hold until a transaction is completed.
In the real estate escrow services we hold legal documents and payments for a property transaction on behalf of the buyer and seller. These are distributed according to pre-determined instructions by the buyer and seller. Both the buyer and seller can use this services.
We provide on-site and off-site real estate escrow services in the counties of Palm Beach, Broward and Miami-Dade for buyers, sellers, brokers and lenders:
- Preparation of settlement statements
- Review and execution of lender documents
- Preparation and execution of conveyance
- Recording all documents
- Disbursement of funds
- Distribution of the documents