Products & Services Escrow Services Essentials

Escrow Services

Escrow Essentials

  • If you are required to bring in money to close your transaction, arrangements must be made with the escrow agent/holder
  • If you plan to use a Power of Attorney, get it to the title company as early as possible to make sure it will be acceptable
  • Shop for homeowners or fire insurance as soon as your offer is accepted
  • If you are the seller, do not cancel your insurance until you have received the proceeds from your sale
  • Your lender continues to accrue interest to the date that it posts your loan as being paid in full
  • After escrow sends the payoff check to the lender, you can expect to get your impound account or other refund back from your lender, generally within 30–60 days