Escrow Closing Services

SMPR Title Agency provides Escrow Services for commercial, industrial and residential property closings.

For more than fifty years individuals and commercial entities have relied on SMPR Title Agency for the safety and security of their real estate investments.

SMPR Title Agency will act as an intermediary liaison communicating with all parties to a transaction. Some of the services as escrow agent include:

• Receiving and holding instructions, funds and documents for real estate transactions.
• Complying with lenders requirements in its instructions to escrow.
• Completing title insurance report to determine status of title to the property.
• Request payoff demand statement from existing mortgage lenders.
• Prorating taxes, interest, insurance, rents and other costs related to escrow closing.
• Requesting deed and other escrow closing documents.
• Closing the escrow according to the instructions from the buyer, seller and mortgage lender.
• Distributing funds pursuant to escrow instructions including charges for title insurance, mortgage loan payoffs and real estate commissions.

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