Frequently Asked Questions

Escrow refers to a legal arrangement where a neutral third party holds money or property until a specific set of conditions are fulfilled by the transaction parties.

Escrow Services protect all parties involved by ensuring that no funds or property change hands until all terms of the agreement have been met. This guarantees that transactions are conducted fairly and transparently.

The duration of the escrow process can vary but typically completes within 30-45 days for standard real estate transactions, depending on the specific terms agreed upon by the transaction parties.

First Rate Escrow specializes in escrow services for real estate transactions, including residential, commercial, refinance transactions, and land sales. We ensure each process is tailored to the unique needs of the transaction.

Starting an escrow with us is straightforward. Simply simply click the "Open Escrow" button in the top right or contact us via phone or through our website, and our team will guide you through the necessary steps, ensuring a smooth initiation of your escrow process.

Escrow fees vary based on transaction complexity, property value, and the services required. We provide an upfront fee schedule at the beginning of the escrow process to ensure transparency and avoid any surprises.

We employ advanced security measures, including data encryption, secure servers, and strict compliance with regulatory standards to protect your sensitive information and funds throughout the escrow process.

Yes, our secure online portal allows you to access real-time updates about your escrow transaction, providing transparency and convenience so you can stay informed every step of the way.