Services
At Stigler Escrow Inc., we provide comprehensive and transparent escrow services to ensure a smooth and secure real estate transaction for all parties involved. Here's how we support your escrow process from start to finish:
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Secure Deposit Handling
We receive and hold the Buyer’s deposit in a non-interest-bearing trust account, as specified in the purchase agreement. -
Execution of Escrow Instructions
We follow mutually agreed-upon written instructions from both Buyer and Seller, ensuring all terms are met throughout the escrow process. -
Document Preparation and Distribution
Escrow instructions are issued, and all required documents are sent to the Buyer and Seller to begin transaction processing. -
Timely Document Collection
We ensure all escrow documents are properly executed by both Buyer and Seller and received in a timely manner, keeping all parties informed. -
Title Review
The preliminary title report is thoroughly reviewed to identify and address any items requiring clearance or payment. -
Payoff and Demand Requests
We request necessary payoff statements, HOA documentation, and city reports to prepare the file for closing. -
Agent Coordination
Our team communicates consistently with real estate agents to facilitate a smooth and coordinated transaction. -
Lender Collaboration
If financing is involved, we work closely with the Buyer’s lender to support loan processing and document preparation. -
Loan Document Signing
Once loan documents are received, we arrange for a notary appointment with the Buyer to ensure proper execution. -
Insurance Verification
We order Evidence of Insurance from the Buyer’s chosen insurance provider, as required by the lender. -
Funding Preparation
Signed loan documents and required items are sent back to the lender for final funding approval. -
Fund Collection and Disbursement
We verify receipt of all funds needed to close, including Buyer’s funds and lender’s wire, and prepare the Seller’s proceeds. -
Clear Title Assurance
Escrow ensures all documents are in order to provide the Buyer with a clear, marketable title upon closing. -
Final Review
A full file review is completed to confirm that escrow is clear to close. -
Recording and Confirmation
The transaction is set up for recording with the title company once funding is confirmed. -
Final Disbursement
Upon confirmation of recording, we disburse funds to all parties according to escrow instructions.