Frequently Asked Questions
Escrow Assurance is a trusted platform that facilitates secure transactions between buyers and sellers by holding funds in escrow until both parties fulfill their obligations. This ensures that both sides are protected in any transaction.
- Agreement: The buyer and seller agree on the terms of the transaction.
- Payment: The buyer deposits the agreed funds into an escrow account with Escrow Assurance.
- Fulfillment: The seller delivers the goods or services as per the agreement.
- Release: Once the buyer confirms receipt and satisfaction, Escrow Assurance releases the funds to the seller.
Using an escrow service adds a layer of security to your transactions. It ensures that the buyer’s funds are secure until the seller fulfills their part of the deal, and it gives the seller confidence that they will be paid once they meet the agreed terms.
- Real estate purchases
- Online sales of goods or services
- Freelance work and contract payments
- Vehicle sales
- High-value item transactions
The length of the escrow process varies depending on the transaction type and the agreement between the buyer and seller. Once all terms are fulfilled and both parties are satisfied, the funds are typically released within one business day.
Our fees depend on the transaction amount and type. We offer transparent pricing with no hidden fees. You can view a detailed fee structure on our Fees Page.
Yes, your money is safe with us. We use secure banking systems and follow strict industry standards to ensure the security and confidentiality of your funds.
To start a new transaction, simply sign up or log in to your Escrow Assurance account, select “Start Transaction,” and follow the guided steps to set up your escrow agreement.
In the event of a dispute, Escrow Assurance offers mediation services to help both parties reach a resolution. If a resolution cannot be achieved, the dispute may be escalated to arbitration, where a decision will be made based on the evidence provided by both parties.