In an off-market real estate transaction, a title company or escrow service plays a crucial role in ensuring a smooth and legally sound transfer of property. Their main responsibilities include:

1. Title Services

• Title Search – Researches the property’s history to confirm legal ownership and uncover any liens, claims, or title defects.

• Title Insurance – Provides protection for both the buyer and lender against potential title issues that may arise after the sale.

• Clearing Title Issues – Works to resolve liens, judgments, or disputes before closing.

2. Escrow Services

• Holding Funds – Acts as a neutral third party to securely hold the buyer’s earnest money deposit and other funds until closing.

• Managing Documents – Prepares and verifies purchase agreements, deeds, loan documents, and disclosures.

• Coordinating Closing – Ensures all conditions of the contract are met before funds and ownership are transferred.

• Disbursing Payments – Handles the final distribution of funds, including payments to the seller, agents, and any outstanding liens.

In Off-Market Deals

Since off-market transactions don’t go through the MLS (Multiple Listing Service) or traditional realtors, the title and escrow company plays an even more critical role in ensuring the deal is legitimate, secure, and compliant with local laws.