A Homebuyer’s Secret: Title & Escrow

Title vs. Escrow: What's the Difference? Title and escrow, while both crucial in real estate transactions, serve distinct purposes. Title represents the legal ownership of a property, conveyed through a deed, while escrow acts as a neutral third party, safeguarding funds and documents until all transaction conditions are met. Essentially, title establishes "who owns it," and escrow ensures a secure and compliant transfer of ownership. Title insurance protects against ownership disputes, while escrow protects against transactional failures. Understanding this distinction is vital for a smooth and secure real estate experience. #theresasellssunshine Theresa Mayer, Realtor powered by EXP 435-625-1751 https://theresamayer.exprealty.com/in...