Any money that comes into play during a transaction, such as a home purchase, will go into an escrow account to be handled by a third party. Leave your money with an agency with a longstanding good reputation throughout Upstate New York. Call Advantage Abstract Company, Inc of Utica today for competent and expedient escrow services.
One version of an Escrow account is used to pay obligations such as property taxes and insurance payments on a property. Generally this is included in a monthly payment.
Another version of an Escrow account is used to assure the seller that the buyer has the funds to purchase the property. Once all conditions are satisfied, payment is given to seller and the title is transferred to the buyer
It is most certainly in your best interest to ensure that no funds or property will be exchanged until the terms of your contract have been met. Selecting an escrow agency who is trustworthy and experienced is paramount to a seamless sale.
Trust the escrow account services specialists at Advantage Abstract Company. Call today to schedule your appointment to discuss your options!