When real estate transactions are conducted, it is essential to work with an experienced title insurance agency. It is part of the process of buying or selling properties. Often, a team is involved when real estate is purchased, transferred, or sold. This includes a title agency, attorney, real estate agents, and inspectors as well as other key players in closing the deal. Find out why it is necessary to work with a dedicated Escrow agent in Ft. Myers, FL.
What is an Escrow Agent?
An escrow agent is an entity or person that holds funds and documents for the transfer of real property. The escrow agent acts on behalf of both parties in accordance with certain instructions. An escrow agent has a fiduciary responsibility to both parties. Titles to real estate can be held in escrow while transactions and negotiations are being conducted. Basically, the escrow agent is a neutral middleman during a real estate transaction.
Resolve Title Issues
Title issues may arise as the transaction moves forward. A title agency can help resolve these title issues. Their assistance can help to make or break a real estate deal. The people who buy a property want a clean title with no liens, encumbrances, or other issues that could get in the way of their enjoyment and use of the property. From contract to closing, the title agency is with the parties to the transaction every step of the way.
Expertise Matters
Title settlement professionals are licensed and educated. Their experience can benefit everyone involved in a real estate transaction. Some of the most reputable title insurance agencies have attorneys on staff to resolve legal matters. These resources are a major benefit to buyers and sellers. Their efforts help to facilitate a deal and keep it moving forward in a way that agrees with the needs of all parties.
When you need an Escrow agent in Ft. Myers, FL, contact Omega Title for the highest level of service. The professional staff pays attention to details and offers 24-hour service. Take advantage of their consistent and efficient operations to ensure your next real estate deal goes more smoothly for everyone involved.
