Escrow Service Recommendations

searcher profile

April 28, 2025

by a searcher from The University of Chicago - Booth School of Business in Nashville, TN, USA

I am working on a deal where the other party is fairly insistent on putting some fully refundable money in escrow during due diligence. I've normally been able to have this requirement waived, but in this case, the amount is reasonable enough that I don't want it to become a sticking point. I've reached out to a few lawyers who handle escrow, but the fees are quite high relative to the escrow amount, mainly because of the minimum charges. Does anyone have an escrow service they've used and would recommend? I've seen some online services like escrow.com, which was mentioned on previous posts, but I was hoping to get to feedback on others' experience with them or others.
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commentor profile
Reply by an intermediary
from The University of North Carolina at Chapel Hill in Nashville, TN, USA
I checked with someone locally, recommendation was to use a bank you have an existing relationship with and that you could check out Truxton Trust
commentor profile
Reply by a searcher
from Washington and Lee University in Dallas, TX, USA
I've only used escrow.com on smaller purchases.
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