Holland Law and Title

Holland Law and Title


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Calculators

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Or click on one of the rate calculators listed below:

Basic Title Premium Calculator
Refinance Title Premium Calculator
Investment Calculator
19 in 1 Mortgage Calculator
Seller's Estimated Closing Costs
Buyer's Estimated Closing Costs
Reverse Mortgage Calculator

About Title Insurance

Home Ownership Tips and Articles

Who May Handle Escrow Settlements?

Impartiality

The settlement agent must be a disinterested third party to the transaction. A settlement agent must remain completely impartial throughout the entire escrow settlement process. He or she will normally adopt a courteous but rather formal manner when dealing with parties to the escrow, keeping conversation to the matters at hand in the escrow. This formal behavior is meant for the benefit of all concerned, since the settlement agent must follow the instructions of both parties without bias.In some areas of the country, only a licensed attorney may act as the settlement agent.

There are two important reasons for selecting an established company: 1) The processing and closing of real estate transactions require a tremendous amount of technical experience and knowledge; 2) The settlement agent is responsible for safe-guarding and properly distributing funds and documents required to successfully complete the transaction. Settlement agents with established firms, such as Holland Law and Title, generally are experienced and trained in real estate procedures, title insurance, taxes, deeds and title insurance.