Thinking about buying a property abroad? Whether you’re seeking a vacation home, a retirement retreat, or an investment property, it’s crucial to protect yourself and your investment. That’s where escrow comes in!
What is Escrow?
Escrow is a secure payment method involving a neutral third party, typically an escrow company. When you purchase property internationally using escrow, the funds are held safely until all the conditions of the sale are met. This ensures a smooth, transparent, and secure transaction for both buyers and sellers.
Why Choose Escrow?
Choosing escrow provides the highest level of security in international real estate transactions, offering key benefits:
- Peace of Mind: Your funds are safeguarded by an experienced escrow company, ensuring a transparent and protected process.
- Risk Mitigation: Escrow minimizes the risk of fraud, scams, and other potential issues when buying property overseas.
- Simplified Process: The escrow company manages many administrative details, making your international property purchase easier.
How Escrow Works Globally with Secure Title:
- Choose a Trusted Escrow Agent: Secure Title is a recognized and experienced escrow company with over 28 years of experience in real estate transactions worldwide.
- Deposit Funds: The buyer deposits the agreed amount into Secure Title’s escrow account.
- Verification Process: Secure Title verifies all required documents, including title deeds, appraisals, and legal contracts, following local laws and regulations.
- Condition Fulfillment: Once all sale conditions are met — such as inspections, legal approvals, and final agreements — Secure Title releases the funds to the seller.
When you choose Secure Title, you’re not just buying a property internationally — you’re gaining a team committed to protecting your investment and making your dream a reality.