What to Expect When You’re in Escrow

What to Expect When You’re in Escrow

Buying a home is a huge investment. You want to make sure everything goes as smoothly as possible and that you’re fully protected during the process. Speed Title and Escrow Services, a family-owned business with over 20 years in the industry, provides escrow services to clients all throughout Michigan. We know what it takes to help you through the escrow process. Continue reading to know what to expect when you're in escrow and contact Speed Title and Escrow Services for more information.

person looking at legal documents

What is Escrow?

Escrow is a service that many people use when buying or selling a home. It’s an agreement between the buyer and seller in which the money is held by a third party until all of the terms of the sale have been met. This could be anything from signing the final paperwork to making sure that all of the required documents are in order. The parties involved can be assured that everything will go smoothly and no one party is taken advantage of by another.

meeting over house buying

We Will Ensure All Parties are Informed

Our team will work with you to make sure all parties involved are informed and accommodated with the process. This includes the buyer, seller, and their agents. When everyone knows what’s involved in the process and what needs to happen, it helps everything move along smoothly.

couple shaking hands with professional

Our Team Will Guide You Through the Transaction Process

You won't have to go through the transaction process alone. We will serve as your guide and collect all of the documents needed for the closing and make sure that they are in order. This could include anything from the purchase agreement to title insurance policies. In addition, we will ensure the funds are dispersed correctly during escrow, such as the money for real estate commissions, title fees, taxes, loan servicing and other standard items related to the sale of the home.

signing housing contract

We Will Record the Legal Documents

After the closing, we will work to record the legal documents as quickly as possible and pay all the bills. You can rest assured that everything is taken care of and all parties involved are getting what they’re owed. With our help, the real estate transaction will proceed without a hitch so you don't have anything to worry about!

Hire Our Escrow Services Today!

At Speed Title and Escrow Services, we want to help make your home buying or selling experience as smooth and stress-free as possible. With over 20 years in the title business, the team at our family-owned company has the experience and knowledge to guide you through every step of the escrow process. Contact us today for the best escrow services in Michigan!