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What is Escrow?
An escrow holder (Golf Escrow Corporation, for example) is a neutral third party in a real estate transaction. Their duty is to see all of the terms and conditions of the sale are met at the time of closing.
The seller's title is protected and held in safekeeping until all of the terms are compete. The buyers may deposit funds with the knowledge that they will be held in trust until the transfer of the property.
Escrow provides one central place where all funds and documents are deposited. They can be collected and disbursed only when all conditions of the contract are met.
The escrow office is responsible for the final settlement between the buyer and seller, the recording of the required documents, the payoff of existing liens or mortgages and the prorating of real property taxes, lease rents, maintenance fees and any other property expenses to assure an accurate and complete closing.
Golf Escrow Corporation is committed to fulfilling these duties in an accurate manner.
"I love my job and take great pride in teaching people all about the escrow process…here anytime for your questions or concerns. Please don't hesitate to call!"
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