Licensed by the Department of Business Oversight, Next Level Escrow is an independent Escrow Company. Our team is dedicated to maintaining the highest level of industry standards. In order to protect your identity and money, we are proud to provide clients with secure encrypted email. We know you have many decisions to make during the course of your escrow, and we strive to make sure that choosing Next Level Escrow is one of the easiest and best decisions you make.
What to expect: Escrow Instructions and related documents
Escrow Instructions, which are prepared by the escrow officer, identify the terms and conditions of the specific escrow, as well as the escrow holder’s (Escrow Company) general provisions and legal responsibilities and limitations. They are usually detailed and prepare the escrow officer for every situation.
The instructions identify the escrow holder’s contact information and escrow number, license number, the date escrow opened, as well as the date it is scheduled to close, the names of the parties involved (buyer/seller), property address and legal description, purchase price and terms, disbursements to be made, fees and charges and who is responsible for payment, documents to be signed, delivered, and recorded, and the process that must be followed by the escrow holder in handling the escrow.
In addition, escrow instructions usually reflect the agreements made between the parties with respect to the escrow and the duties of the escrow officer. These duties typically include, but are not limited to, ordering the title search, requesting payoff demands and beneficiary statements, facilitating the receipt and approval of reports, making prorations and adjustments, paying bills, obtaining the buyer’s or