Seller proceeds must match and be
disbursed only to the deed holder with vested title interest at closing. Exceptions to this rule will be made with the
request from another title company for the purchase of a new property. Wiring instructions must come directly from
the title company.
We will not email our wiring
instructions to anyone. To request our wiring
instructions, please email [email protected]
and they will be sent to you through our adobe portal.
If you have received an email or phone
call that our wiring instructions have changed, call 484-808-2020 immediately
and ask for Michael Boscaino.
HELOC or Home Equity
Accounts where such accounts must be paid off and closed or satisfied. We
obtain a “close out” letter from the borrower signed to give the lender strict
instruction that the account may no longer be used and must be satisfied of
record.
When handling incoming
funds from a borrower in the form of Cashier’s or Certified checks, they must
be made payable to Assured Settlement Services.
Earnest money deposits must be in the
form of a cashiers’ check or wire. We
require an escrow agreement when holding earnest money. In the case of a dispute and an escrow
agreement was not provided, earnest money will be held until we receive a
release signed by all buyers and sellers or court order.