An Escrow Office is the location where you sign the legal documents to close the sale of your home. The escrow person who helps you prepare and process the documents is called an LPO or Limited Practice Officer. This title describes their legal authority to initiate and file the necessary documents for the transfer of real estate in the State of Washington.
* An Escrow Company does a tremendous amount of work to make sure that:
* Your present loan(s) will be paid off.
* Your utility bills are paid in full.
* Any liens or encumbrances on your property are satisfied.
* They communicate to the appropriate banks and lending institutions.
* They make sure that money transfers are properly executed.
* They will record the new deed of trust at your local Court House.
Your LPO and Escrow Office work hard to help both the buyer an