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what is escrow?


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What is escrow



Escrow transaction is a financial transaction where payment of funds between two parties are held and regulated by a third party.​ Funds are held securely in an escrow account and can only be disbursed when agreed terms are met.​

Escrows are very useful in transactions where large amounts of money is involved and a certain number of obligations need to be fulfilled before a payment is released.


What is an Escrow process?

An Escrow process involves funds to be transferred into an Escrow account by the buyer and the seller receives payment when the terms and conditions of the business transaction is met.





Why is Escrow Service Important for you?

If you are involved in international trade, then Escrow service is very important for you. Whether you are an importer (buyer) or an exporter (seller), you need this service to reduce the risk involved in depositing funds.


Most international trades usually involves large amount of money where many obligations need to be met by both parties before payment is released.


This service ensures that payment is made from an escrow account to the exporter only when the shipment is delivered at the specified destination and received by the buyer.



Real Estate Escrow






Real Estate escrow involves the deposit of funds, a deed or other instrument by one party for the delivery to another party upon completion of a specific condition or event. It is an independent neutral account by which the interests of all parties to the transaction are protected..


When opening an escrow, the property buyer and seller establish terms and conditions for the transfer of ownership of the property. These terms and conditions are given to a third, impartial party known as the escrow holder. The escrow holder has the responsibility of seeing that the terms and conditions are carried out.


The hold-back escrow is a "storehouse" for all monies, agreements and necessary documents required for the real estate transaction.



The Escrow Process


  • The buyer, seller, lender and/or borrower initiates an escrow instruction on Equityval.
  • The escrow holder - Equityval processes the escrow in accordance with the escrow instructions.
  • Upon meeting all conditions required as set out by both parties, the escrow is closed.
  • Prior to close of escrow, the buyer deposits the funds required with the escrow holder.
  • The buyer instructs the escrow holder to release the money to the seller upon closing of escrow.






The Escrow holder

Equityval - The Escrow Holder- represents both parties and protects the interests of each within the power of the escrow instructions. The Escrow holder takes instructions based on the terms of the purchase agreement and each party's requirements.


The duties of the escrow holder include:

  • Managing the funds and/or documents in accordance with instructions
  • Paying all bills as instructed
  • Responding to requests from principals involved
  • Closing the escrow only when all terms and conditions have been met and distributing funds accordingly.


What Do I Need to Do Before My Appointment to Sign Escrow Papers? ​

All parties signing the documents must bring proper identification. This includes documents needed for identity verification in form of a valid driver's license, state identification card or valid passport.


What is an "Escrow Closing" in real estate?

Escrow closing involves the legal transfer of title from one party (the seller) to the other (the buyer). Escrow closes Once all conditions have been satisfied. The escrow closing date will be communicated to the buyer or agent and the final closing documents disbursed.




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Trusted Partners

EquityVal is a licensed escrow holder and operates in partnership with Still Waters Trust Inc.
All transaction Funds are held with Still Waters Trust Inc. As we adhere to International KYC strategies we might request you to submit some personal information.
Although it excludes the possibility of anonymous transactions, such an approach guarantees a higher level of safety.

Contact@equityval.com



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