Questions and Answers:

What is Escrow?

Is an escrow company absolutely necessary
?
Can I write a personal check at the signing for funds to close?
Can I get the keys when I sign closing papers?
When can I cancel the homeowners insurance on my home?
What if we can't come to your office to sign?


Is an escrow company absolutely necessary?
YES, even if you are selling your home to your brother, the transaction must go through escrow. We need to verify that you have the right to sell this home and that there are no other parties who can claim an interest in this home. The escrow company also prepares the legal forms to properly transfer the property.


Can I write a personal check at the signing for funds to close?
NO, we must have either a cashier's check or the money must be wired into our Trust account. Due to the time frames involved, we need certified closing funds.


Can I get the keys when I sign closing papers?
No, in most cases, the closing will actually occur several days after you sign your paperwork at the escrow company. Once the closing occurs, (depending upon the wording of your Purchase Agreement), you will have access to the keys.


When can I cancel the homeowners insurance on my home?
We advise sellers to wait until the closing occurs before canceling their insurance.


What if we can't come to your office to sign?

We will always work with our clients to insure that we close on time. If we need to meet you at your place of work or your agent's office, we will, just let us know ahead of time!

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