Real Estate Escrow Settlement Services
The experienced, professional lawyers at Bacon Flaherty take pride in providing personalized escrow services to our clients. Whether you are planning to purchase, sell, or refinance, we can successfully close your transaction. We offer exceptional service to residential and commercial buyers and sellers at competitive rates. Our escrow services lawyers are skilled at resolving complicated title problems and other legal issues in order to ensure trouble free closings for our clients.
We offer escrow closing services to buyers and sellers of real property in Massachusetts, and handle the receipts and payments for these transactions through our Massachusetts IOLTA accounts.
In the case of a real estate transaction in Massachusetts when acting as the settlement agent, we would receive the full payment from the buyer, and at the closing, we would disburse payment to the seller, disburse payment to the broker (for realtor commissions, if any), disburse payment to the Seller’s and Buyers attorney (for legal work), insure all real estate taxes and other municipal liens such as water sewer and electric are paid in full and disburse payment to any other party directly involved in the transaction that must be paid as part of the buy/sell agreement.
The primary purpose of escrow title services is to:
- Provide the seller with the assurance that the buyer has the funds to pay for the transaction, since we can confirm that the funds have been paid into the IOLTA escrow account.
- Provide the buyer with the assurance that the property has had a proper title search completed, issue an owner’s policy of title insurance to the buyer, provide the buyer with a Certification of Title if required under the Massachusetts General Laws and in general to make sure the legalities of the transaction have been met to protect the buyer’s interests.
- Provide the buyer with the assurance that the various parties involved in the transaction will be paid according to the purchase and sale agreement.
Our law firm works with both buyers and sellers around escrow services throughout Massachusetts, including Braintree, Canton, Quincy, and has convenient Massachusetts offices in Randolph, Boston, and Hanover, MA.
Call our escrow services lawyer at (781) 963-5858 or toll free at 1 (866) 315-5800 for a free consultation at any of our convenient locations.