Settlements & Escrow

As a settlement agent, New World Title & Escrow’ is responsible for 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. We 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.

Homebuying on Your Terms

Shopping settlement cost fees at 1 o’clock in the morning? Use our online calculator app to get a free, no-registration-required, instant quote anytime, anywhere. Need to deliver an earnest money deposit by 5:00PM today and can’t get away? We have a mobile app for that! Just snap a photo of the check with your phone and done. Want an update on your settlement at any time? Just log-on to your account with us and track the progress of your settlement. Not able to make it to settlement in person? No problem. We can come to you, at your work, at home, wherever. And what if you are hundreds or thousands of miles away? Again, no problem. We can provide remote, online settlements wherever you have a computer and internet connection. Do you need a copy of the settlement statement for when you closed with us two years ago? Download it anytime. It’s there with all your other closing documents.

Safety First

The internet is great. It has made everyone’s life easier. Unfortunately, it has also made it easier for crooks to steal your personal information and your money. Nowhere has that been happening more than in real estate closings. Criminals steal social security numbers, banking information, and millions of dollars from in real estate transactions! Of course, we are insured and bonded for these sorts of things, but that’s not enough. To fight back, we use a super-secured web portal to communicate with our customers. All confidential documents and messages are only sent via this portal. And when it comes to your money, whether it’s from the sale of your home or it is equity you are pulling out of your home through a refinance, we have the tools to verify that the banking information we receive to wire your money is really for your bank account.