Managing renovations and repairs for condominium and homeowner’s association (HOAs) can be complex. Build Safe ensures that project funds are protected, contractors get paid on time, and property owners’ investments are protected—all while keeping your job stress-free.
Our team is here to assist you with any questions or concerns. Reach out to us for expert support and guidance.
As a condo or HOA manager, you’re responsible for overseeing renovations, repairs, and maintenance projects that keep your community in top shape. But managing payments, ensuring funds are used properly, and keeping projects on schedule can be a major headache.
Without escrow, project funds can be misallocated, delays can pile up, and disputes between contractors, homeowners, and the board can leave you stuck in the middle. If property owners or the HOA runs into financial issues, contractors may not get paid on time—putting projects (and your reputation) at risk.
At Build Safe Escrow, we take the guesswork out of construction payments by holding funds in a secure escrow account, ensuring payments are released only when milestones are met. No more chasing payments, dealing with disputes, or worrying about financial mismanagement. You get a streamlined, transparent system for handling payments, protecting funds, and ensuring that work is completed before money is released. By using escrow, you gain:
Financial Security – Funds are protected and released only when work is done to satisfaction.
Fewer Disputes – Clear, milestone-based payments keep everyone accountable.
Smooth Project Management – Reduce delays and ensure projects stay on schedule.
Whether you’re managing a small condo renovation or a large-scale common area improvement, escrow ensures payments are handled professionally—so you can focus on running your community efficiently.
We confirm that project funds are secured and available before work begins.
Funds are held in escrow and only released when each milestone is met, keeping projects on track.
Contractors receive timely payments, and you stay in control of the process—without financial risks.
Keep your HOA and condo projects running smoothly with secure, milestone-based escrow payments. Protect your funds, ensure contractor accountability, and avoid costly delays. Get started today!
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 contractors. Discover how our solutions can streamline your construction projects and protect your payments.
Escrow is a financial arrangement where a neutral third party holds funds until specific conditions are met. For contractors, escrow ensures that payments for construction projects are securely held and only released when both parties fulfill their contractual obligations. This protects both the contractor and the client from potential disputes and delays.
To set up an escrow account, contact us to discuss your project details. We'll send you an Escrow Agreement and establish the escrow account accordingly. Our team will guide you through the process, ensuring that all conditions are clearly defined and agreed upon.
In the event of a dispute, the escrow account ensures that funds are held securely until the issue is resolved. The Escrow Agreement will set up a dispute resolution process that will seek to avoid litigation. Our goal is to ensure fair and transparent handling of the situation.
Using escrow services adds a layer of security and trust to your transactions. It ensures that funds are available and protected until the work is completed to the agreed standards. This reduces the risk of non-payment and helps maintain smooth project operations.
Yes, there are fees for using escrow services. These fees cover the management of the escrow account and the handling of transactions. We provide a transparent fee structure, and we’ll discuss the costs with you before setting up the account.
