Do you want an trusted escrow officer to guide you through the closing process?
Selling or buying real estate here in Brevard County typically ends with the closing. Title Security & Escrow makes this process as straightforward as possible. The closing may be the "light at the end of the tunnel", but if not done carefully or diligently, it can be a "thorn in your side." Since the mid-1970s we
have handled thousands of successful closings, with this experience we know what to look for.
There are four parties involved in the escrow process, the buyer, the seller, the lender and the escrow officer.
The escrow officer is an unbiased third party who acts as a trusted holder
of the money involved in the real estate transaction until everything is finalized and the proper parties can be paid out. The buyer pays their deposit to the escrow officer, who then holds the funds until everything is finalized and the money can be released to the seller.
In order to complete the transaction, all proper documentation must be signed, the lender needs to approve the paperwork, the escrow officer must have the buyer's money in full, deeds must have been recorded, and the lender has to have wired the home loan money to the escrow officer. Once these processes have been
completed, the escrow officer will take the necessary steps to tie up every loose end and ensure the buyers get their home and the sellers get their payment. |