
Overview
Escrow Specialists is an independent escrow and contract servicing company based in Ogden, Utah, operating through the legal entity Escrow Specialists, Inc. The company states that it has been active since 1981, which makes it one of the longer-established names among US escrow agents.
What it does
The company handles seller-financed transactions, including sales of businesses and property. It holds money and documents until the parties' agreement has been performed, collects payments from the buyer, distributes the proceeds to the seller and other recipients, and provides reporting to both sides of the deal.
Services
- Escrow services
- Contract servicing
- Payment collection and disbursement
Markets and fit
The provider's market is the United States. It suits sellers who finance a buyer's purchase over time and need a neutral party to keep the payment schedule, hold the paperwork and produce statements. Fees, account terms and the documents required to open an escrow are not listed, so they should be confirmed with the company before a deal is structured.
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What they do
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Subsections
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