What is Long Term Escrow?
An arrangement in which an unbiased third party holds legal documents and accepts
and distributes payments according to written instructions from a buyer and seller.
Why Title Financial Specialty Services?
Buyer Benefits
- Documents securely held
- Automatic withdrawal & payment coupons available
- Online account information
- Payoff Statements available upon request
- Year-end tax statements
- Optional tax & insurance reserve accounts
Seller Advantages
- Documents securely held
- Direct deposit
- Online account information
- Year-end tax statements
- Split payment option available
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Long Term Escrow Inquiry
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