Neutral third-party escrow management for earnest money deposits, purchase funds, and closing proceeds.
Start Your OrderService overview
Eastern Title holds buyer and seller funds in dedicated escrow accounts, ensuring money moves only when all contractual conditions are met. According to RESPA Section 10 (12 U.S.C. § 2609), escrow account management is federally regulated to protect consumers. Our escrow officers provide receipts, account statements, and wire confirmation so every party has full visibility from contract to close.
Decision points
Escrow ensures neither party can access transaction funds until all contractual conditions are satisfied.
Eastern Title holds earnest money in a dedicated, segregated escrow account — never commingled with operating funds.
Every deposit and disbursement is documented with receipts, account statements, and wire confirmations.
Escrow protects both buyer and seller — the buyer's deposit is safe, and the seller's proceeds are secured.
Our escrow officers are available throughout the transaction to confirm fund status and answer questions.
Common questions
Escrow is a neutral holding arrangement where a third party — Eastern Title — holds funds on behalf of the buyer and seller until all contractual conditions are met. Earnest money is deposited into escrow when the purchase agreement is executed. At closing, those funds are applied toward the buyer's costs and the seller receives their net proceeds.
Escrow fund disbursement after a failed transaction depends on the terms of the purchase agreement. If a buyer exercises a valid contingency, the deposit is typically returned in full. If the buyer defaults without a contractual basis, the seller may be entitled to retain it. Eastern Title disburses funds according to written instructions agreed to by both parties.
FAQ
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Open your title order online or contact our team to discuss your transaction.