All escrow accounts are set up "FBO" in an FDIC insured institution. Interest bearing accounts are an option and you can have a "View Only" login to track your funds. We do require good and immediate funds by wire transfer or ACH.
Required Documentation: You must provide the following to open an account: * Signed/notarized Escrow Agreement * Copy of your contract or agreement
Below are examples of Fund Holding accounts: (If your situation is not listed, don't worry, call us to discuss and quote your particular transaction)
* Business Purchases *MMJ Business Purchases *Non-Title Insurance Closings *Insurance Proceeds held for repairs *Constructions Draws *Lease Payments *Private Lender Escrows *Court Order funds/disputes *Surrogacy funds *Government contracts
(Clients of InvEscrow Services are required to consult their own legal and/or tax advisor before entering into agreements with InvEscrow Services. We do not provide legal and/or tax advice)