Opening Escrow The Title Company moves you toward closing Our title partners are here from the start to help us through this process. Once an offer on a property is accepted by the seller, the transaction is then placed into “escrow.� Escrow is a term that describes neutral third-party handling of funds, documents, and tasks specific to the sale of the property. The purpose of escrow is to manage the disbursement of funds and documents for the buyer and seller in accordance with the written purchase and sale agreement.
14