Secure your construction, remodel, or new build project with trusted construction escrow and draw services.
We keep construction funds safe in a third-party escrow account and release them at each stage of the new construction or renovation project.
We hold all funds for the project in escrow. Payments are released as milestones are reached. At your request, we can also run background checks on the parties involved, including checking for lawsuits.
We charge a low, flat fee so everyone can afford to use our service. We can even split the fee between the homeowner and contractor.
Did you know that the U.S. spends nearly $500 billion per year on home remodeling and renovation projects? But homeowners can lose everything if their contractor bails, while contractors don’t have the time or means to take homeowners to court if they don’t pay for improvements. Build Safe Escrow started after a disastrous remodel left us with an expensive mess to clean up. We vowed to make the process better. We believe that homeowners should pay promptly for a contractor’s quality work, and that contractors deserve to get paid timely at the different stages of the project.
It’s not rocket science, it’s escrow.
Escrow puts all the funds for a construction project safely in the hands of a trusted third party (that’s us). We prepare an Escrow Agreement which is approved by all parties involved, and then release the funds in draws as each milestone is reached. It’s a win-win for everyone.
Upon request, we can also help vet homeowners and contractors with a simple background check (which reveals civil lawsuits and claims against parties) to ensure everyone on board is on the up and up. From there, our escrow account mitigates risks of mismanagement and non-payment.
Set up safe, milestone-based payments that are disbursed in draws, and protect your funds with an escrow account specially designed for construction projects and home remodels. We act as a third-party escrow company for the construction industry, keeping everyone honest and ensuring a better experience for homeowners, builders, and contractors alike.
Homeowners want quality work completed while contractors want to get paid for that work. Escrow payments for reaching milestones solves both of those problems.
Nobody wants to be taken advantage of, which is why we ensure payments are released in stages based on milestones agreed upon in advance. Happy contractors, happy clients.
We streamline the escrow process to ensure timely and accurate transactions. Our efficient approach minimizes delays and ensures a hassle-free experience.
Our services are provided at a flat fee rate as per the Escrow Agreement that we will provide. We act as an independent third party, helping to keep everyone on the same team.
We ensure that each payment for the various stages of the construction or renovation project is disbursed in a timely and efficient manner. Let us handle the escrow draws, releasing funds only when work milestones are met. It’s easy, affordable protection that saves you from hassles and stress.
Reach out with any questions or for more information about our escrow services. We’ll respond promptly.
