There are several different terms often used during real estate transactions that can be confusing for an average buyer. The term escrow refers to funds paid from one party to another to hold until the occurrence of a specified event, after which the funds are released to a designated individual. An escrow agent can perform escrow services in Deerfield Beach to help protect and aid you during your real estate transactions. The escrow process acts as a safety net for both the buyer and the seller during real estate transactions, so it is important to have an unbiased third party perform the escrow services.
When you begin the process of purchasing a home, you must first make an earnest money deposit into an account that is managed by a neutral third party. This money is held until the purchasing process is complete. When you have finished buying your home, the money is given back to you, or it can be put toward your down payment on the property. If for some reason the transaction is not completed, the money will be dispensed in a legally appropriate manner. By making an earnest money deposit, you are telling the seller that you are a serious and committed buyer. Making an earnest money deposit is an essential part of the home buying process, and many sellers will not consider or accept an offer without one.
Escrow services in Deerfield Beach are beneficial to both buyers and sellers alike. An escrow agent can be a title company or even a real estate agent in Deerfield Beach. The escrow agent is simply the one who is in charge of maintaining all of the documents and funds that are linked to the escrow process until the transaction has been completed. It is always in your best interests to choose a professional escrow company to ensure that the process is completed as smoothly and as efficiently as possible. Here at Expert Title Company, we provide quality and reliable escrow services to Deerfield Beach and the surrounding areas. We have over 60 years of combined experience, so you can feel comfortable trusting us with your real estate closings in Deerfield Beach.
As an independent escrow services provider, we are able to offer our customers a smooth, stress-free process throughout the entire closing transaction. We are well-known for our experience and expertise, and our customers trust us to provide them with reliable escrow services in Deerfield Beach. We provide impartial third party escrow services in Deerfield Beach, so if you are looking for a high level of integrity, you should give us a call today at (954) 570-5959.