Real estate closings can become a complex process for new homebuyers. With the amount of money required for a typical closing, it is critical that a qualified escrow agent is involved in the transaction. At the Law Office of David Rocheford, located in Leominster, we have handled thousands of closings and all the paperwork surrounding them and have a very qualified team who can ensure all necessary funds are handled safely.
An escrow agent for Uxbridge, Massachusetts should be someone you trust to take care of your money to your satisfaction. While this agent is often the attorney or title company, you should still trust that company to safely handle your funds until the buyer and seller have reached an agreement. Our escrow agents will hold your funds in a fiduciary trust account called an IOLTA account (Interest On Attorney Trust Account) until the closing process begins.
At that time our Uxbridge, Massachusetts escrow agent will create a new deed for the property, with the buying party as the new owner, and close the escrow based upon the written agreements.
There are a few key functions performed by the agent:
- Safely securing funds for closing
- Creating the new deed for the property
- Verify the legitimacy of the transaction
At the Law Office of David Rocheford we want you to be completely sure of the security of your funds. A closing is a stressful process and adding the worry of financial mistakes to that process should not happen. Our qualified escrow agents, Uxbridge, Massachusetts will ensure that your money is handled properly during the entire transaction to give you peace of mind and let you focus on the challenging task of selling or buying a home. We will happily answer any questions you have and provide you with any information needed to address any fears you may have during the process.