Settlement/Escrow Services

As a settlement agent, New World Title & Escrow is charged with the duty of carrying out the terms of a real estate transaction according to the agreements between the seller and purchaser, and/or the borrower and lender. We compile the relevant information and documents, accept and retain in trust monies from lenders and/or purchasers, conduct a meeting of the parties (i.e. "the settlement") where legal documents are reviewed and executed, record documents with the appropriate jurisdiction, and distribute monies entrusted to us as required. In doing this, we owe a duty of trust to all participants in the transaction. As such, we maintain surety bonds and insurance as required by law.