Legal-Core-ESCROW SECURITY will perform a detailed due diligence, recordings, aerial shoots, government prints and plans as well as any bank, private or government liens or mortgages on the property.

Why use our escrow service and Title warranty services?

A warranty deed, also known as a general warranty deed, is a legal real estate document between the seller (grantor) and the buyer (grantee). The deed protects the buyer by pledging that the seller holds a clear title to the property and that there are no encumbrances, unknown easements, outstanding liens or mortgages against it. Legal-Core-ESCROW SECURITY will perform a detailed due diligence and scrutinize all the pertinent legal documents, recordings, aerial shoots, government prints and plans as well as any bank, private or government liens or mortgages on the property.

Sometimes warranty deeds and home warranties are confused by first-time buyers new to the real estate process in Mexico. It’s an understandable mistake as both can be used to protect the property. However, a home warranty is a contract with a service provider that will cover the cost of repairs or replacements for household appliances or major systems, while a warranty deed is a legal document that is used to promise ownership rights to the buyer. In Mexico is not possible to insure a Title as this concept is not recognized by law. Some companies offer this service, but all they are securing is that you contract with them to go through a legal process to clear the title. In other words, they will be doing the same work as any other law firm, and while they are not a law based company, in consequence will then hire a law firm to do it. Therefore, Legal-Core-ESCROW SECURITY has a different approach, and secures the buyers’ purchase by warranting the Title. Should any problem arise from the purchase, Legal-Core-ESCROW SECURITY secures the buyers’ investment before any purchase takes place, making this a modern, progressive, efficient and LEGAL way of making the transacting a smooth one.

Other risks to completing a transaction can include ongoing disputes about the boundaries that define the property. The owners of the adjacent real estate might claim the property lines are different from what the seller presented to the buyer. Liens for unpaid bills and taxes could exist, further complicating the transaction. As Legal-Core-ESCROW SECURITY researches the boundaries and takes aerial shoots to cross reference the recorded information at the Municipal office, is conflict will unlikely happen.

Finally, as a binational company, we will hold your investment in Escrow in which ever country suits your needs and confort level (USA or Mexico).

Legal-Core’s escrow services offer the following client benefits:

• Flexible:
our escrow services can be tailored to meet the requirements of many different parties, situations and jurisdictions.
• Efficient:
our group legal, accounting and compliance capabilities enable us to draft arrangements, process documentation and conduct due diligence rapidly.
• Effective:
Even in the most complex transactions, an escrow agreement will help make the transfer as smooth as possible.
• Robust:
our agreements are detailed and robust.
• Secure:
our escrow services ensure protection for all parties to a transaction.
• Low cost:
our competitive prices arwe the best in the market.