What We Offer
Stonegate Escrow Inc. offers the following escrow services:
Residential Sales, Commercial Sales, Short Sales, Vacant Land Sales, Bulk Sales, Probate Sales, Trust Sales, FSBO – For Sale By Owner, Investment Property, REO – Real Estate Owned, 1031 Exchange, Residential Refinance, Commercial Refinance, Tracts and Subdivisions.
What is Escrow?
An escrow is a financial arrangement where a third party holds and regulates the payment of the funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in a secure escrow account which is only released when all of the terms of an agreement are met as overseen by the escrow company.
Escrows are very useful in the case of a transaction where a large amount money is involved and a certain number of obligations need to be fulfilled before a payment is released like in the purchase of a home.