Title vs. Escrow: What's the difference and how do they work?
In video 1 of our series "Title & Escrow" Deanna Powell of Fidelity National Title explains all about what Title & Escrow is and what it does. From understanding the difference between the two, the importance of each, and why they are necessary for a smooth real estate transaction.
Time stamp
:40 Title & Escrow are 2 different services
:50 Title & Escrow work in tandem
1:14 Title Search:
1. History of Ownership
2. Tax Search
3. Name & Judgment Search
1:53 Escrow Closers are a neutral third party
2:00 Escrow Responsibilities:
1. Gather all documents
2. Ensure clear title
3. Hold earnest money
4. Record transaction with County
Questions? Call/text or email me anytime! ginam@windermere.com.