Real Estate Escrow Transactions

Secure escrow services for residential and commercial property transactions throughout NYC

Key Benefits

Security for both buyer and seller with neutral third-party oversight

Streamlined closing process with expert coordination of all parties

Expert handling of all documents, funds, and title transfers

Compliance with all New York State real estate regulations

Protection against fraud and misappropriation of funds

Detailed record-keeping and transparent reporting throughout the process

Typical Use Cases

Single-family home purchases and sales

Condominium and co-op transactions

New construction purchases

Multi-unit residential property transactions

Luxury real estate deals

Short sales and REO properties

Our Process

Opening Escrow

Once the purchase agreement is signed, we open an escrow account and receive the initial earnest money deposit from the buyer.

Title Search & Insurance

We coordinate with title companies to conduct a comprehensive title search and arrange for title insurance to protect against any claims.

Inspections & Contingencies

We manage the timeline for home inspections, appraisals, and other contingencies outlined in the purchase agreement.

Document Preparation

All closing documents are prepared, reviewed, and coordinated with attorneys, lenders, and real estate agents.

Final Walkthrough & Closing

After the final walkthrough, we facilitate the closing, transfer funds to the seller, and ensure the title is properly transferred to the buyer.

Frequently Asked Questions

How long does a typical residential real estate escrow take in NYC?

A typical residential real estate transaction in New York City takes between 60-90 days from contract signing to closing, though this can vary based on factors like financing, inspections, and title issues.

What happens to my earnest money deposit?

Your earnest money deposit is held securely in our escrow account and is protected until all conditions of the sale are met. If the transaction closes successfully, it is applied to your down payment and closing costs.

Do you handle co-op transactions?

Yes, we have extensive experience with co-op transactions in NYC, including coordinating with co-op boards, managing the approval process, and handling the unique documentation requirements.

Ready to Get Started?

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