Step 5: Escrow Process

Once both parties agree on the terms and conditions of the Purchase Contract, escrow is opened—officially marking the start of your real estate acquisition. At this stage, the escrow officer, their team, and our transaction assistant step in to support you. Together, we meticulously coordinate every detail to ensure a smooth and error-free escrow process.

In Hawaii, escrow companies act as neutral third parties, overseeing the transaction between buyer and seller. They manage funds and title-related tasks, including the recording of ownership transfers, and ensure that all contractual obligations are met. This makes escrow an essential component of a secure and seamless transaction.

All transaction-related funds are securely managed by escrow, ensuring their safekeeping throughout the process.

In Hawaii, the typical escrow period is 30 days for cash transactions and 45 days for those involving financing.

Escrow is responsible for managing all title-related tasks, including recording the transfer of ownership.

Throughout this process, we manage contingencies and oversee the transaction’s progress, while escrow handles the funds and title matters. No funds are disbursed until all contingencies are satisfied and escrow gives final approval.

Hawaii’s real estate transactions are designed with multiple safeguards, ensuring a secure and reliable process.