Why is Escrow Needed?

And Other Frequently Asked Questions

 Peace of Mind and Protection
The questions, “What is an Escrow?” or “Why do I need Escrow?” come up from time to time. To answer these common questions and more, we have assembled an easy-to-understand Buyer and Seller Guide to Title and Escrow for our clients and partners.  

Here’s an excerpt from Escrow: Frequently Asked Questions in our guide:

  • Why is Escrow Needed? Whether you are the buyer or the seller, you want assurance that no funds or property will change hands until all instructions have been followed. With the increasing complexity of business, law and tax structures, it takes a trained professional to supervise the transaction.
  • How Long is an Escrow? The length of an escrow is determined by the terms of the purchase agreement/joint escrow instructions and can range from a few days to several months.
  • Who Chooses the Escrow? The selection of the escrow holder is normally done by agreement between the principals. If a real estate agent is involved, they may recommend an escrow holder.
We would love to help you have an amazing closing experience on your next real estate transaction. 
Check out our Buyer and Seller Guide to Title and Escrow today!

What Does Title Insurance Protect?

Why Title Insurance?

 Peace of Mind and Protection
We are often asked, “Why do I need title insurance?”, and “What does title insurance protect?”. To answer these common questions and more, we have assembled an easy-to-understand Buyer and Seller Guide to Title and Escrow for our clients and partners.  

Here’s an excerpt from The Title Insurance Value Proposition in our guide:

  • Title insurance protects the interests of property owners and lenders against legitimate or false title claims by owners or lien holders. It insures the title to the investment, unlocking its potential as a financial asset for the owner.
  • Title problems are discovered in more than one-third of residential real estate transactions. These “defects” must be resolved prior to closing. The most common problems are existing liens, unpaid mortgages, and recording errors of names, addresses or legal descriptions.
  • A homeowner’s title insurance policy protects the owner for as long as he or she has an interest in the property; and the premium is paid only once, at closing.
We would love to help you have an amazing closing experience on your next real estate transaction. 
Check out our Buyer and Seller Guide to Title and Escrow today!

Real Estate’s #1 Closing Cost App

Learn how to maximize it!

TicorAgent has been the industry’s #1 Net sheet and closing cost app for several years. This tool is not only fast, but it is easy to use. Plus with the introduction of newest version of TicorAgent ONE there are tons of new and relevant ways for real estate professionals to connect with new buyers and sellers!

TicorAgent ONE enables you to create and share visually stunning net sheets on the fly:

  • Seller Net Sheets – Make dynamic presentations & offer breakdowns and counters in a snap
  • Buyer Estimates – Get payment info and estimated funds to close in a flash
  • Monthly Affordability – Show your buyer what they can afford based on their desired payment
  • Sell to Net – Seller have net goal in mind? No problem with sell to net
  • Rent vs. Buy – Show renters that buying may better for them than renting

Eliminate guesswork and potential delays by automatically leveraging closing costs and fees specific to your local market!

  • Taxes
  • Title Fees
  • Escrow Rates
  • Closings Costs

TicorAgent ONE gives real estate professionals the confidence to quickly provide accurate answers to the most frequently asked real estate questions and presents information to buyers & sellers in professionally designed layouts.


Contact Your Sales Executive Today to Learn More!

Like your favorite coffee house!

At Ticor we strive to create a unique and personal closing experience that is unmatched in the industry. As many of our clients know, our closings are smooth and consistent time after time.

These are just a few of the reasons why working with
Ticor is like being at your favorite coffee house!

The Ticor Difference:

  • We take a proactive approach from beginning to end.
  • Files are opened immediately.
  • Title is cleared and all items needed for closing are obtained within ten days of opening. This means no surprises at closing for items missed or simply not addressed.
  • We sign our sellers in advance to ensure they sign at a date, time and place that is convenient for them.
  • We can better accommodate same day buyer signings and closings because our sellers are already signed.
  • We send file updates throughout the transaction to keep our clients in the loop of what comes next.
  • We e-record all of our documents which allows us to get the recording numbers back to our clients ASAP.
  • We use the customer preferred method of communication by phone calls and texting which makes it easy and convenient for our agents and clients to communicate with our team.
  • Since our closers work in teams there is always someone available to speak with or answer questions for clients.

We invite you to stop by one of our 
ten beautiful offices – coffee is on us!

844-MY-TICOR or 844-698-4267 (Call or Text!)

Online criminals most often spoof these trusted brands in their phishing attacks KOMO / Ticor Consumer Tip

We tend to trust certain consumer brands, so if we get an email that appears to be from one of them, such as Microsoft, Facebook, Netflix or Apple, we may be willing to click a link to get a coupon or special deal.

Caution: That link could be malicious. And if it is, you could give a cyber thief important personal information.

Top Targeted Brands

Here are the top brands that are spoofed in phishing attacks, according to IBM: Google (39% of the time), YouTube (17% of the time), Apple (15% of the time) and Amazon (12% of the time).

Rather than click on a link, use a retailer’s app or go to the store’s website to get special promotions.


Listen to the Consumer Tip Below.

Follow the link below to read more.

Facebook Manage Activity makes it easier to remove unwanted posts KOMO / Ticor Consumer Tip

Facebook is forever, but sometimes, you’d like to forget a picture or post from the past. Maybe it’s an embarrassing picture that could be spotted by a future employer, or something you wrote about someone in a moment of anger.

You’ve always been able to delete your posts, one at a time. But now, Facebook has finally created a bulk deletion tool, called Manage Activity that allows you to delete or archive posts based on dates or people.

A Digital Photo Album

A lot of people use Facebook as their digital photo album. For those who do, the new Manage Activity tool provides the solution to remove unwanted posts from the past.


Listen to the Consumer Tip Below.

Follow the link below to read more.

Fraud Alert: Fake Customer Service Numbers KOMO / Ticor Consumer Tip

You need to call customer service, but don’t have the number. So, you do a quick online search or ask your smart speaker to dial it for you. Be careful, you could wind up talking to a fraudster who’s pretending to be a customer service representative.

Scammers can have their fake numbers show up at the top of online search results, so you wind up calling them instead of the legitimate company—and you may not know it.

How can you tell?

The safest way to find a customer service number is to check a sound source, such as a bank statement, credit card, or warranty card.

If you connect with customer service and are asked for your password or PIN or other sensitive personal information, hang up. You’ve dialed a fraudster.


Listen to the Consumer Tip Below.

Follow the link below to read more.

Ticor Business Update – COVID-19

To our clients,

At Ticor Title, our people and clients are our top priority and we are committed to doing what we need to do to protect them while helping stop the spread of COVID-19. As a result, we continue to closely follow guidance issued by the CDC, WHO, and other state agencies as it relates to safety protocols and virus protection. With this in mind, we have implemented alternative work arrangements across all of our offices and have approved as many of our people as possible in each office to work remotely.

We have spent time both testing and expanding our remote working capabilities to minimize any disruption of the service levels you have come to expect. However, in this unprecedented time, we ask for your patience as we diligently work to meet these new challenges and the needs of our people, our clients, and our communities.

During these alternative work arrangements, we also wanted to make sure that you are aware of the following practices that are in place in our title operations to help continue closing real estate transactions.

  • Earnest Money Deposits: You can send Earnest Money Deposits by wire transfer or via our Mobile Earnest Money Deposit. As with all wires, remember that wire fraud is real and home buyers and sellers are the biggest targets. As a best practice, confirm all wiring instructions, including specific banking information, by phone before transferring funds. Use the phone number for your closing agent/escrow officer provided on their website or from a business card. Never rely on phone numbers in email communications.
  • Virtual Signings and eSign Tools (where and when available): To eliminate or significantly reduce reliance on in-person closing and signings, Virtual Signings and eSign tools are available for customers to sign eligible documents from their homes.
  • Video Consultations: Our operations have access to video conference technology to facilitate consultations with customers to review documents and answer questions prior to or as part of the closing process.
  • Efficient Closings: Our goal is to streamline the amount of time you are in our offices or required for closings. We are customizing solutions for each office to accommodate customer needs.
  • eRecording: At this time, the majority of county recorder offices appear to be functioning, or are only closed to the public, so that documents continue to be recorded, and online records remain searchable and up-to-date. However, that is not true in all cases. As a result, we are providing local managers with authority, where appropriate, to issue policies providing coverage during the gap created by recording or posting delays created by government office closures.

We are in a rapidly changing environment as a result of COVID-19, and the impacts on our national and local communities are changing hourly, including the closing of some local government recording offices. At this time, the majority of these offices appear to be functioning, or are only closed to the public, so that documents continue to be recorded, and online records remain searchable and up-to-date. We are closely monitoring this pandemic situation, and you are encouraged to contact our office with any concerns or questions related to your transactions.

Safeguarding the health and safety of our customers and employees is our top priority.

Ticor Title is open for business and staff are here to help our clients/customers but by appointment only. With the current health concerns regarding COVID-19, we ask that you call to set appointment if you are coming into our office.

Thank you,

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John Bloomquist
Senior Vice President | County Manager