One of the most important tasks that title companies and attorneys provide is escrowing funds and documents. In a real estate transaction, extremely valuable deeds and large sums of money need to be positioned so that the closing can proceed. The escrow services that these companies provide hold on to the money and documents in a manner that allows both buyer and seller to deposit them while knowing that they’ll only be used in the way contemplated by the contract. Along with holding the documents and funds, escrow services also include coordinating the process of getting them submitted.
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