What is Escrow?

In legal terms, escrow is a type of legal holding for items that cannot be released until predetermined conditions are satisfied. Usually, the items are held in escrow for your home purchase are:

• The Property Itself
• Money for your down payment
• Title To the Property

What Patriot Title Does

As an Escrow Agent, Patriot Title acts as a neutral third part to collect the required funds and documents involved in the closing process. This includes:

• The Initial Down Payment
• Loan Documents
• The Signed Deed.

Patriot Title will hold the items in Escrow in trust while a transaction is finalized or a disagreement is resolved.