🔐 What Is Escrow?

Escrow is a neutral third party — typically a title company — that ensures every step of the transaction is done correctly, securely, and legally.

 

They hold your earnest money, prepare paperwork, coordinate between all parties, and protect both buyer and seller throughout the process.

🏢 What Your Escrow Team Does

   ✔ Holds and manages your earnest deposit
   ✔ Confirms title is clean and transferable
   ✔ Coordinates with your lender and insurance providers
   ✔ Tracks critical deadlines
   ✔ Prepares final paperwork for signing and recording

🤝 Why It Matters

“Escrow is the safety net of your home purchase.”


Without escrow, there’s no neutral way to track money, documents, and deadlines.

This step ensures transparency and keeps the process fair and legal.

📅 What Happens Next

✔ You’ll receive escrow instructions and a timeline
✔ You’ll wire or drop off your earnest funds
✔ Title will begin reviewing property records
✔ Your lender and Sphere team will coordinate with escrow weekly

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