What Is A Sub-Escrow Fee?
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A Fee Charged By A Title Company For The Following Services: | |
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Coordinating with escrow/lender for recording |
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Verify & update pay-off demand figures with lender |
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Verify payment of property taxes |
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Calculate the pay-offs on the day of closing |
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Disburse all pay-offs & net proceeds per instructions |
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Upon confirmation of recording, notify escrow company |
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Process refunds |
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This information is designed to provide accurate and authoritative information in regard to the subject matter covered. It is given with the understanding that the author is not engaged in rendering legal service. If legal advice or other expert assistance is required, the services of a competent legal person should be sought. |



