|
Benton
Franklin Title Company
offers
TRUE ESCROW CONTRACT COLLECTION SERVICES
Set Up Fee $125.00
Annual Fee: $75.00
Assignment Fee: $75.00
-
Includes two
monthly disbursements of Seller’s choice
-
$20.00 per
disbursement thereafter
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Monthly receipt
to Seller and Buyer
-
Late payment
reminder to Buyer
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NSF charge
$30.00
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Advance notice
of balloon payment due date
-
IRS l098 & l099
reporting
|
Benton
Franklin Title Company offers only True Escrow contract
collection service. Our customers often ask for an
explanation of the benefits of True Escrow over other simple
contract collection services they have used in the past.
Simply, original documents are delivered to the Escrow Agent
for safekeeping. Upon full payment of the obligation,
release documents are immediately recorded and delivered to
the purchaser or borrower, thereby avoiding the possibility
of costly delays due to missing documents, missing persons,
or due to the death or disability of a seller or lender.
Please
call or e-mail Pam Gray
with any questions. We look forward to providing prompt and
professional collection, title and escrow services to you
and your clients. |
