During the closing process, is the Escrow Agent the same as the Title agent?
The Escrow Agent and the Title Agent are not the same during the closing process.
An Escrow Agent holds onto the money in the deal until everything is good to go. They release the funds when all the conditions are met.
The Title Agent is all about making sure the property's title is ready to transfer. They also provide insurance to protect the buyer and lender from any title related related issues.
In most cases, one person or company does both jobs, but it depends on local rules & the agent/company having relevant licenses. Its best to ask your listing agent for any potential closing agents, alternatively you can also find a list of vendors that Houzeo has found for you on our website -
https://www.houzeo.com/pros.
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