Real Estate Glossary

What is Escrow Company?

An escrow company is a business that acts as an escrow agent, holding onto important documents and funds related to a real estate transaction until the completion of certain conditions or actions. Escrow companies are usually independent and impartial entities which can provide a safe, reliable environment for the exchange of the documents and the funds. Escrow companies are also responsible for ensuring that the escrow process is conducted legally and accurately, and that all the terms and conditions of the purchase or sale agreement are met.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
Beycome Corp. holds real estate brokerage licenses in Multiple States: Beycome of Florida LLC is licensed in FL. Beycome Brokerage Realty Inc is licensed in CA. Beycome of Connecticut in CT. Beycome Brokerage Realty LLC is licensed in AL, GA, IL, IN, MI, MN, NC, SC, TN and TX.
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