Escrow is a secure process in which a neutral third party holds money, documents, and legal instructions until all conditions of a real estate transaction have been satisfied.
Why Escrow Matters
When buying a home, neither the buyer nor seller wants to take unnecessary risks.
Instead of giving money directly to the seller, buyers deposit their funds into an escrow account. The escrow company safeguards those funds until:
- The title search is complete
- Financing has been approved
- Required inspections are finished
- All legal documents are signed
- Closing requirements have been met
Only then are the funds released.
At Two Rivers Title Company, our experienced escrow professionals ensure every step is completed accurately and securely.