A buyer, seller, lender, and other parties can complete a real estate transaction safely and securely through a neutral third party, the escrow company. During this process, the escrow company follows written instructions, securing all documents and funds associated with the transaction until the contract terms are met.

Real estate contracts, Mortgages, Deeds of trust, Promissory notes, Residential or commercial rental agreements and Infrastructure agreements.

A real estate transaction involves monetary and legal responsibilities. Escrow allows all parties involved to conduct the transaction safely and securely with the knowledge that legal documents and funds will change hands only when the terms of the contract are met.

The escrow officer must follow escrow instructions as originally written. Modifications can only be approved by both parties. Escrow officers in New Mexico are forbidden from favoring any party in a real estate transaction. If there is disagreement between the buyer and seller, and the parties cannot reach resolution, the escrow officer will stop processing.