The Role of an Escrow Officer

What the Escrow Officer Does

The escrow officer does…

  • serve as the communication link to all parties in the transaction.
  • prepare escrow instructions.
  • request a preliminary title search to determine the basis upon which a title insurance policy may be issued.
  • request a beneficiary’s statement or pay-off demand relating to existing financing.
  • comply with lender’s requirements, specified in escrow agreement.
  • receive purchase funds from the buyer.
  • prepare or secure the deed or other documents related to escrow.
  • prorate taxes, interest, insurance and rents according to instructions.
  • secure releases of all contingencies or other conditions as imposed on any particular escrow.
  • record deeds and any other documents as instructed.
  • request issuance of the title insurance policy.
  • close escrow when all of the instructions of buyer and seller have been carried out.
  • disburse funds as authorized by instructions, including charges for title insurance, recording fees, real estate commissions and loan payoffs.
  • prepare final statements for the parties accounting for the disposition of all funds deposited in escrow.

The escrow officer does not…

  • offer legal advice.
  • negotiate the transaction.
  • offer investment advice.


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Oakwood Escrow aims to make every transaction as simple, secure, and smooth as humanly possible. The easiest way to open an Escrow transaction with us is by using the form below, or contact us at (619) 430-4584.