Escrow Services
At Realty Center Title + Escrow, we offer comprehensive escrow services to our clients in Chattanooga, TN. Our team is dedicated to ensuring that all details are handled accurately and efficiently.
We work closely with the parties involved in the transaction to ensure that all necessary documents are in order and that funds are disbursed promptly. Our goal is to provide a smooth and seamless escrow process for our clients so they can focus on other important details of their transaction.
What are Escrow Services?
Escrow services provided by a real estate title and closing agency are designed to facilitate a secure and efficient real estate transaction. These services ensure that the buyer's funds and the seller's property are held in a neutral, third-party account until all the conditions of the sale are met. This helps to minimize the risk of fraud and miscommunication and provides peace of mind to both parties involved.
The role of the escrow agent is to manage the transfer of funds and property and to ensure that all instructions and contingencies specified in the purchase agreement are satisfied. This may include conducting title searches, coordinating with lending institutions, and issuing title insurance policies. The escrow agent will also prepare and distribute the closing documents, verify the completion of all necessary inspections, and coordinate the disbursement of funds and transfer of property ownership.
The use of escrow services can help to streamline the real estate closing process and reduce the potential for disputes or misunderstandings. Escrow agents are neutral parties who are trained to handle real estate transactions and have the expertise to handle any issues that may arise during the process. By utilizing the services of a reputable escrow agency, buyers and sellers can have confidence that the transaction will be handled professionally and securely from start to finish.
Partnering with realtors, lenders, and clients throughout the entire settlement process.