Keep your construction project moving forward with escrow services designed to safeguard your funds and ensure your contractor gets paid for each milestone.
Our team is here to assist you with any questions or concerns. Reach out to us for expert support and guidance.
In any construction project, delays can happen – days, weeks, or even months. Without a secure way to manage your funds, it’s easy to lose track of how much you are spending and for what stage of the project. Plus, contractors can burn through your money and ask for more, or run off without finishing the job, leaving your project unfinished.
We started Build Safe Escrow because we were hit with that exact situation – a contractor we hadn’t properly vetted ran off with the money for the project. This delayed our home renovation project by over a year and drastically increased the project cost, as we had to hire another contractor and ensure they were able to complete the work.
With our escrow services, your money is set aside solely for your construction project. Funds are only released when specific milestones are met, giving you control and ensuring the job stays on schedule.
Select your contractor with confidence or let us vet the contractor you’ve already hired. Upon request, we can conduct a background check to look for lawsuits and other adverse matters.
Your money is safely held until milestones are reached. Each milestone will be agreed upon before the project starts as outlined in the Escrow Agreement that we will provide.
Ensure your project’s success with securely managed funds—guaranteeing that your project is protected from mismanagement or fraud.
Set up your escrow account today and take full control of your construction project from start to finish. Contact us now to get started!
Reach out with any questions or for more information about our escrow services. We’ll respond promptly.
Get answers to your most pressing questions about our escrow services tailored for homeowners.
Escrow is a financial arrangement where a neutral third party holds funds until all conditions of a real estate transaction are met. For homeowners, this means your funds are securely managed and only released as each project milestone is met.
Change question to Why Should I Use Escrow Services for My Home Renovation or New Construction Project? Using a third-party escrow service protects you by ensuring that your funds are safely held and only released when each project milestone is completed. It provides peace of mind and helps prevent disputes.
Our escrow services are ideal for home purchases, sales, and other real estate transactions. Whether buying or selling a home, our services help manage funds securely and efficiently.
Yes, there are fees for our escrow services, which cover account management and transaction handling. We provide a transparent fee structure and will discuss the costs with you before setting up the account.
Funds are released once all contractual conditions are met and both parties agree. The timing depends on your contract terms and work completion. We provide updates to ensure timely fund release.