Philadelphia title and escrow services are valuable tools for homeowners and real estate agents alike, and also work with the US Department of Housing and Urban Development (HUD), Federal National Mortgage Association (Fannie Mae), and more. Philadelphia title and escrow companies are your goalies when it comes to the end of a real estate transaction. Philadelphia title and escrow services back you up when it comes to your insuring your title, facilitating closing, arranging commissions, working with lenders, providing property legal descriptions and more. Philadelphia title companies will help you in obtaining title a wide range of title insurance policies including: standard owners policy, extended owners policy, expanded homeowner’s policy, leasehold owners policy and more. Philadelphia title can also provide you with a copy of the properties deed, map of the property, deed of trust/mortgage, conditions, covenants and restrictions, and tax information.

Philadelphia Escrow services are your basic closing agents. Philadelphia escrow will help to facilitate the closing process, and is responsible for ensuring that all documents are completed and prepared in accordance with the escrow instructions, as well as ensure that all funds have been received, pay all bills that have been authorized, respond to any requests from principals (buyers, sellers, lender, borrower), provide a closing or settlement statement, transfer title, and make sure title has been recorded. Typically Philadelphia escrow follows a pattern of closing, but because each property is different, some closings will ultimately be different.

To find out how your closing process can be made smoother, contact a local Philadelphia title and escrow service today.

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Philadelphia Title and Escrow