Escrow Services
Escrow reduces the potential risk of fraud by acting as a trusted third party that collects, holds and disburses funds according to Buyer and Seller instructions.

Escrow services are provided by a licensed and regulated escrow agent such as First American Title of Island County, a neutral third party that performs the functions to close a real estate transaction.

1031 Tax Deferred
Often investors do not realize taxation on a personal residence is far different than tax income or an investment property.

The Taxpayer Relief Act of 1997 created an exemption for the sale of a personal residence, but if an investor sells other property, they pay capital gain tax. However, property that qualifies under IRC 1031 is handled quite differently.