Allied Title & Escrow Partners with Earnnest to Digitize Earnest Money Deposits

GREENVILLE, S.C.–([1])–Allied Title & Escrow, the fastest-growing title company in DMV (Washington, D.C., Virginia and Maryland), has partnered with Earnnest, the future of real estate payments, to be the first title company in the region offering digital transfers of earnest money deposits (EMDs) through Earnnest’s innovative technology platform.

Earnnest enables buyers to securely send EMDs directly to Allied Title & Escrow from the buyers’ financial institution through a proprietary way of using ACH payments, mitigating the risk of wire fraud and eliminating the inconvenient use of paper checks. Allied Title & Escrow is a team of industry experts and attorneys with more than 30 years of experience. The company provides residential and commercial services throughout Virginia, Washington, D.C. and Maryland.

“Allied is committed to investing in best-in-class technology to make real estate transactions easier for buyers, sellers, agents and developers,” said Allied Title & Escrow CEO Latane Meade. “We’re excited to partner with Earnnest to give our clients a cutting-edge solution to an obvious industry issue.”

To address current EMD complexities, Earnnest connects to 12,000 banks nationwide, and has banking-level security and encryption. Earnnest sends updates on money movement to agents, buyers and escrow holders throughout the transaction. Additionally, buyers no longer have to pay a $30 wire fee; Allied Title & Escrow is covering the cost of the transaction.

“We’re thrilled to announce this partnership with Allied Title & Escrow,” said Rick Altizer, Earnnest CEO. “They are known for excellent customer service, and through Earnnest, clients will receive an added level of convenience and value.”

Added Meade: “Using Earnnest, our buyers can easily transfer EMDs through their bank using ACH payments, without a $30 wire fee or 30-minute drive to drop off a check; this partnership provides a win-win for everyone.”

ABOUT ALLIED TITLE & ESCROW

Allied Title & Escrow is a team of industry experts and attorneys with 30+ years of experience providing residential and commercial services throughout Virginia, Washington, D.C. and Maryland. Visit www.alliedtitleandescrow.com[2].

ABOUT EARNNEST

Greenville, S.C.-based Earnnest is changing how money moves in real estate, allowing buyers to securely and electronically deposit funds directly to an escrow holder. Earnnest keeps agents, buyers and escrow holders in the loop with automated emails and tracking information. Visit Earnnest.com[3].

References

  1. ^ (www.businesswire.com)
  2. ^ www.alliedtitleandescrow.com (cts.businesswire.com)
  3. ^ Earnnest.com (cts.businesswire.com)

Source URL: Read More
The public content above was dynamically discovered – by graded relevancy to this site’s keyword domain name. Such discovery was by systematic attempts to filter for “Creative Commons“ re-use licensing and/or by Press Release distributions. “Source URL” states the content’s owner and/or publisher. When possible, this site references the content above to generate its value-add, the dynamic sentimental analysis below, which allows us to research global sentiments across a multitude of topics related to this site’s specific keyword domain name. Additionally, when possible, this site references the content above to provide on-demand (multilingual) translations and/or to power its “Read Article to Me” feature, which reads the content aloud to visitors. Where applicable, this site also auto-generates a “References” section, which appends the content above by listing all mentioned links. Views expressed in the content above are solely those of the author(s). We do not endorse, offer to sell, promote, recommend, or, otherwise, make any statement about the content above. We reference the content above for your “reading” entertainment purposes only. Review “DMCA & Terms”, at the bottom of this site, for terms of your access and use as well as for applicable DMCA take-down request.

1 2

Share