COMMERCIAL ESCROW
Commercial Escrow Services
Commercial escrow services involves transferring any type of property other than residential real estate. This type of transaction may involve note sales, retail property, office buildings, or apartment complexes, among other types real estate transfers.
At New Era Escrow, we have decades of experience handling commercial escrow transactions and we understand just how complicated these transactions may become.
Commercial
Real Estate Transactions
Transferring commercial property can be very complex. Our team of escrow officers have the experience and knowledge necessary to make your transaction as simple and easy as possible. We take pride in ensuring all parties are confident in the escrow process and we address any potential problems before they can cause delays.
Commercial Escrow Services
Commercial escrow services cover the transfer of properties other than residential real estate. This includes transactions like note sales, retail properties, office buildings, and apartment complexes.
With decades of expertise in managing commercial escrow transactions, we at New Era Escrow understand the intricacies these deals can bring.
Commercial Real Estate Transactions
Navigating the transfer of commercial property can be daunting. However, our skilled escrow officers simplify this for you. We take pride in proactively addressing any potential issues to prevent delays. Our mission is to make you feel confident about the escrow process.
In our experience, the escrow agent is the principal person involved in the commercial escrow transaction who has a solid understanding of the entire transaction and the legal requirements necessary for closing. Our commercial escrow agents possess the unique skill set necessary for a problem-free property transfer. Our expert commercial escrow officers will serve as a neutral third party who will close the transaction based on the terms of the contract and once all conditions are met. Our commercial escrow agents’ efforts will always reflect in keeping with the protection of the commercial property owner, lender, and other principals involved in order to make for a successful transaction.
New Era Escrow handles all aspects of your commercial real estate transaction from start to finish. We will:
- Provide full-service escrow management services.
- Respond quickly to all communication.
- Follow written escrow instructions.
- Keep all parties up-to-date on the progress of escrow.
- Issue receipts for deposits and maintain the accountability and security of funds in trust.
- Prorate and adjust taxes, utilities, and dues.
- Prepare settlement statements.
- Order disclosures, reports, and documents necessary for the transaction.
- Instruct the title company to record necessary documents.
- Comply with local, state, and federal real estate guidelines.
- Secure pay-off demands and statements.
- Obtain any documents necessary to clear outstanding liens.
- Disperse funds and close escrow.
Commercial Escrow Closing
Trust New Era Escrow to streamline the commercial real estate closing process. Our customer-centric approach and experience assure all parties of a seamless and efficient transaction.
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