Until my wife and I contacted WORLD REALTY AND ASSOCIATES we thought that the motto “meet and exceed customers’ expectation”, is only a desirable goal that cannot be achieved by anyone. Diane was able to transform our view towards such matter. Last year we decided to move from Afganistan to Canada. We were worried that our modest budget was not reconcilable with the prime location and an in-decent-state building we were looking for. Well, thanks to the unmatched professionalism displayed by Diane, we were able to find the condo we were looking for, at the desired location, within our budget, and in a relatively short period of time that allow us to move from Africa.
I am from Lebanon. Although we ended up purchasing a house directly from a seller with down payment of $10000, not through a broker, we had been working with Tamar. Tamar quickly understood what our needs were and was most helpful in our hunt for a home. She was patient with us, we were first time buyers, but she also had a kind way of steering us in a wise direction. She is very respectful, courteous and professional.
Thank you! World Realty and Associates. Tahnee, our assigned agent was a delight to work with – professional, knowledgable, flexible, and patient. You likely know all this, but let me tell you, home buying in Canada was an entirely foreign process than what we are accustomed to here in California. She gently guided us through the process, advised us appropriately, and made on target referrals. Your firm was recommended to us. We’ll be delighted to pay it forward. Again, thank you for making our purchase as unencumbered as possible.
Thank you World Realty and Associates for building such an incredible team at your brokerage, using principles that I appreciate very much. We felt completely supported and guided through a process that we would have rather not had to do. Given our circumstances, we appreciated the compassion and great expertise we were met with by all of the members of your team that we had contact with, or other professionals that were recommended to us (home inspector, lawyer, etc). And Tahnee! Wow, she is skilled and a truly wonderful person. We will continue to recommend her and your firm to anyone who will listen. Thanks again very much!!
“Dave, agent assigned to us did such a great job helping us find just the right home for us. He was always able to answer any questions we had and he made sure everything went smoothly! We want to thank you again for everything you did for us during our home purchase with$10.000 down payment and coming to America. We love our new home!”
“Tony our assigned agent a hard worker and always there when you need him. Very thorough, too! Sometimes, I have to wonder if he ever sleeps! … No complaints! I’d work with Tony again, no doubt! He is a busy, hard-working guy and one of the best, in my opinion. Thanks, Tony and World Realty and Associates for all you do!”
I am from Kenya “Pigitwan’s knowledge and ability helped us immensely in purchasing our home and settling down in US. We highly recommend World Realty and Associates to anyone that wants to travel to USA.
“My first-time home buying process went very smoothly and my relocation to US was mavelous because the realty staffs are very dedicated, hard-working agents. I’am from Sri Lanka The agent attached to me acted promptly to line up homes to show me and offered a lot of valuable information about home ownership in general in US. He also put in lots of extra effort to ensure that my purchase would meet the requirements and deadline for the first-time homebuyer’s tax credit.” Thanks World Realty and Associates
“We were recently duped by some con men who promised to get us Visa to Germany Before someone directed us to this website, I’am from Philippines we feared that we may be duped again. We even considered not travelling again until we began working with World Realty and Associates. This website is remarkable and a miracle. We have been very pleasantly surprised at how smooth and seamless this transaction has been and relocating to Germany with ease. We sincerely believe that the staffs of this great company are the consummate REALTOR?. They are professional, courteous, very thorough and knowledgeable of realty and immigration law and an all around great people with whom to work. We would not hesitate for a moment in recommending World Realty and Associates to friends or family member and we will definitely turn to World Realty and Associates again for any future real estate transactions.”
I’am from Congo, $10.000 did a miracle in my life, thanks World Realty and Associates for the excellent job.
“I’am from Nigeria “Excellent service sir. thanks for bringing me to London and a home of my own. Your staffs are a wealth of knowledge. they go the extra mile to ensure that their customers are happy and that things happen in a timely fashion.”
“This is the second home I have purchased through this company. I am from Egypt and now in US after purchasing my fist house with $10.000 down payment and they have shown a high degree of professionalism. They devoted a lot of time, is very thorough, and very patient. I have recommended this firm to many of my African friends. Some are already in US, while others are still on the verge flying to join us in US and just recently, my daughter and son-in-law worked with World Realty and Associates to buy their first house.”
” I could write accolades about this firm for hours. I am from Ghana a first-time buyer …I moved to USA after buying a house with a down payment of $10.000. The process of getting my visa was so easy that I cried after losing so much money to visa agents and con men and women before meeting this firm through a friend and I can honestly say the experience has been fun, educational, and above all: satisfying. I urge you to make the same choice I did; you will not regret it. If you’re looking for an excellent, trustworthy REALTOR? with a great reputation who will make the home-buying process and migration to US simple and comfortable, look no further.”
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What is an ‘Escrow Agent’
An escrow agent is a person or entity that holds property in trust for third parties while a transaction is finalized or a disagreement is resolved. The role of escrow agent is often played by an attorney (or notary in civil law jurisdictions). The escrow agent has a fiduciary responsibility to both parties to the escrow agreement.
BREAKING DOWN ‘Escrow Agent’
An escrow agent essentially serves as a neutral middleman in the context of an escrow agreement. An escrow agreement is a contract between two parties whereby they agree that a third party should hold an asset on their behalf until their transaction is completed. The funds or assets are held by the escrow agent until it receives the appropriate instructions or until predetermined contractual obligations have been fulfilled. Money, securities, funds and titles to real estate can all be held in escrow.
Escrow Agent and Trustees
There are similarities between the role of a trustee and the role of an escrow agent, but there are significant differences as well. The two roles are similar in that in each case a third party holds property “in trust” for someone else and has a fiduciary duty. However, a trustee has a duty towards the beneficiary (or beneficiaries) of the trust and must act in their best interest. In contrast, an escrow agent’s duty is towards both parties to a transaction, and he is tightly bound by the terms of the escrow agreement.
Escrow Agent in Real Estate Transactions
Escrow agents are typically associated with selling or buying a home or other real estate. In some jurisdictions, including the United States, they may be referred to as title agents. In these cases, the escrow agent secures the property and examines documents to make sure the terms of the sale are met on each end, serving both the buyer and seller in the transaction.
An escrow agent may be a title company when it comes to selling a home. In such cases, the title company holds the deed in escrow until all of the terms of both the buyer and seller are met. The buyer may deposit the money for the purchase with the escrow agent, which serves to validate the transaction and reassure the seller until last-minute closing terms are met.
In summary, whether the escrow agent is a business or an individual, the purpose they serve is that of a neutral, trusted third party to transactions that may involve persons who never end up meeting each other.