When purchasing a new home, it's your escrow's team obligation as a neutral third-party to handle funds, documents, and tasks specific to the signing and closing as outlined in the purchase agreement. This process reassures buyers and sellers that documents needed to complete the transaction will only be distributed to the appropriate parties once both parties agree that the required conditions have been met. In simpler terms, IHL Escrow can provide the confidence and support you need to take you through a seamless signing and closing experience.
How Does It Work?
After you have placed a deposit on a new home, your escrow company is responsible for ensuring both parties agree that all necessary conditions have been met prior to closing.Once these are met, including the execution of all documents necessary to complete the transaction, the escrow company will disburse funds to the seller and other parties, all in accordance with the purchase agreement. Once the recording in the land records is complete, your new home closing is finalized!
Contact an Escrow Officer
Want more information about IHL Escrow? Contact our team today.
Outside of California
