Eastern Title & Settlement

Escrow Services

Neutral third-party escrow management for earnest money deposits, purchase funds, and closing proceeds.

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About Escrow Services

Eastern Title holds buyer and seller funds in dedicated escrow accounts, ensuring money moves only when all contractual conditions are met. According to RESPA Section 10 (12 U.S.C. § 2609), escrow account management is federally regulated to protect consumers. Our escrow officers provide receipts, account statements, and wire confirmation so every party has full visibility from contract to close.

Escrow by Market

Eastern Title offers escrow services nationwide. Select a state below to explore local coverage and area-specific information.

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Quick Answers

Common questions about escrow services, answered directly.

How does escrow work in a real estate transaction?

Escrow is a neutral holding arrangement where a third party — Eastern Title — holds funds on behalf of the buyer and seller until all contractual conditions are met. Earnest money is deposited into escrow when the purchase agreement is executed. At closing, those funds are applied toward the buyer's costs and the seller receives their net proceeds.

What happens to escrow funds if a deal falls through?

Escrow fund disbursement after a failed transaction depends on the terms of the purchase agreement. If a buyer exercises a valid contingency, the deposit is typically returned in full. If the buyer defaults without a contractual basis, the seller may be entitled to retain it. Eastern Title disburses funds according to written instructions agreed to by both parties.

Key Takeaways

What you need to know about escrow services.

  1. 1

    Escrow ensures neither party can access transaction funds until all contractual conditions are satisfied.

  2. 2

    Eastern Title holds earnest money in a dedicated, segregated escrow account — never commingled with operating funds.

  3. 3

    Every deposit and disbursement is documented with receipts, account statements, and wire confirmations.

  4. 4

    Escrow protects both buyer and seller — the buyer's deposit is safe, and the seller's proceeds are secured.

  5. 5

    Our escrow officers are available throughout the transaction to confirm fund status and answer questions.

Frequently Asked Questions

Common questions about escrow services.

References

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