Real Estate Title & Escrow

One of the leading title companies serving Miami and Ft. Lauderdale, Real Estate Title & Escrow offers a vast array of title and settlement services to buyers and sellers, realtors, mortgage lenders, builders and developers.

Our experienced team of residential and commercial title professionals ensure a smooth closing experience for all parties involved in the purchase transaction.

Utilizing the latest technology available and meeting the highest security and compliance standards required by our industry, Real Estate Title & Escrow surpasses our competitors by speeding up the settlement process and making it easier and more convenient for all parties in the transaction to complete the settlement process.


Escrow and Title Process

In real estate, escrow is a transaction where the buyer and seller of real property each delivers items of value to a third party (the "escrow holder"), to be held until all conditions of the sale have been met.

Both parties to a real estate transaction entrust legal documents and various funds to the escrow holder, which transfers the papers and funds upon closing of the escrow. As a neutral third party, the escrow holder ensures that both buyer and seller meet all mutually agreed to terms before the transaction is completed.

Using the escrow holder as a common depository, the buyer and seller can proceed simultaneously in providing funds, deeds, inspection reports, insurance information, and other required documents. Both parties give written instructions, the requirements of which must be met before the transaction is complete, to an experienced escrow officer. Lenders also specify their conditions for completing the loan process.

Provided that the instructions are clear and mutually consistent, the escrow officer, as a limited agent for all parties, saves time in the closing process.
Escrow Provides Mutual Protection
The authority given to an escrow holder is strictly limited by instructions provided by the buyer and seller. The escrow officer is authorized by instructions to allocate funds for the items during the escrow period, such as real estate commissions, title insurance, liens, recording fees, and other closing costs. Instructions also specify the method of collecting funds, proration of insurance and taxes, and time limitations on settling transactions. The escrow process protects all parties involved by retaining money and documents until the mutual instructions are met. Confidentiality is another important aspect of escrow. To effectively handle a transaction, your escrow officer must be instructed as to the required terms necessary to close. The officer will discuss escrow matters only with the parties directly involved, specifically the buyer, seller, lender and real estate agent. No one else has access to this information, except through proper legal procedures. The escrow officer retains impartiality and confidentiality concerning the real estate process.
Closing Escrow
Upon closing, the escrow holder causes the required documents to be recorded with the appropriate governmental authorities and disburses funds according to the instructions given to the escrow officer. Escrow fees are included in these costs, and are based on the sale price of the property, the loan amount, and services required.

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