Tag: Escrow Officer

2019 December 23

Getting to Know Escrow: The Basics

getting-to-know-escrow-the-basics

If you are looking to buy a house, make investments in stock, or any other sort of major financial transaction, you may need an escrow agent. You’ve probably heard of escrow as a term associated with big financial companies, but what exactly is escrow? This guide will introduce you to some of the basics of

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2019 September 27

Real Estate Closing Wire Fraud: Scary Truths, Statistics, and Preventative Measures

New Venture Escrow prevent online wire fraud

    You’re finally closing on your dream home and money is ready to change hands.  The wire transfer will concern a large sum of money, and scammers are salivating at the thought of getting their hands on it.  This results? Too often, home buyers fall into dreaded (and sometimes elaborate) phishing scams, and real

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2019 August 23

12 Surprisingly Common Title Problems That Could Happen to You

12 common title problems that could happen to you new venture escrow blog

What could possibly go wrong?  Well, quite frankly – a lot. There are numerous title problems that can arise when closing on a home. By securing title insurance, you are taking the first step to cover yourself in the event of a title mishap. Go into the closing stage of home buying armed with everything

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2018 June 11

5 Tips to Make Your Escrow Process a Breeze

5 Tips to Make Your Escrow Process a Breeze

Why is it that so little is written or discussed regarding the escrow process? The typically 30-day process in which buyers, sellers, and vendors are working tirelessly to execute on purchase terms is more important than most realize. I often compare the escrow component of a Real Estate transaction to that of a point guard

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2018 May 3

The Escrow Process Defined

escrow-defined

What is Escrow? Escrow is an essential part of selling and buying a house. In escrow, an independent and neutral third-party handles and coordinates all of the funds, documents and instructions involved in the real estate transaction. The escrow agent (or escrow holder) makes sure that no funds are dispersed until all conditions of the

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