ESCROW FLOW The role of the Escrow Agent is to act as a neutral third party to fulfill the terms of a Real Estate Purchase & Sale Agreement (PSA) and facilitate the successful transfer of ownership from seller to buyer. Below is a general step-by-step description of the process.
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Buyer selects a home & submits contract with loan status report.
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Lender approves the signed loan to record and sends funds into Escrow.
Escrow establishes communication with the Buyer’s Lender, if any.
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Escrow confirms the closing date and prepares documents after loan documents arrive from lender, if any.
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STRENGTH | EXPERTISE | SERVICE
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