Escrow for Home Buyers
Home buying is an exciting time, we know!
Let's sit down and discuss the next steps in your escrow shall we?
Buying a home can be an extremely exciting adventure, but it can also be a stressful one too. For many home buyers, buying a home is something that they have never done before and that is brand new. While it is fun and easy to look at homes with your real estate agent, once a contract has been agreed to, most people don't have a clue what the process is at that point. We understand that this process can be stressful, so that is why Designated Escrow Inc. offers some of the most stress free escrow services for home buyers in the area.
Many home buyers don't realize that they need to use an escrow service until they get to the closing phase of the process. Why should an escrow service be used when buying a home? The answer is safety. Having an escrow service such as ourselves help in your home buying process helps to protect you from fraud in several ways. The lender that you are getting your home loan through will have a list of conditions that must be met before they will wire the money for the home you are purchasing. As an escrow company, we go through the list of conditions carefully and make sure that your loan officer has fulfilled these conditions accurately and honestly. Our trained escrow officers are licensed by the state to be able to go through this paperwork and package it up for the lender. Once the conditions are met, one of our friendly escrow officers will sit down with you and carefully explain what the paperwork means that you are required to sign.
Once the paperwork is signed, the escrow officer will then package up all of the paperwork and submit it your lender for approval. When the lender approves the transaction, the Designated Escrow Inc. will then facilitate the transfer of the money through use of wire transfers to make sure that the seller gets their money while also properly recording your purchase with the county. Having an escrow service when buying your home is much like hiring a lawyer to represent you. Our services provide safety and deter the use of fraud when it comes to purchasing the largest investment in your life.
Designated Escrow Inc. has been providing escrow for home buyers for over 20 years. We have the experience to detect fraud and to protect home buyers from making a large financial mistake. If you are buying a home, hire the experts here at Designated Escrow Inc., for all of your home buying escrow needs.
