Buying a property that has not been completed yet is one of the most rewarding and misunderstood transactions in real estate. The key to sleeping well at night is a transparent closing process anchored by escrow.
What escrow actually protects
In an escrow-backed deal, the buyer’s funds are held securely until mutually agreed milestones are met. The seller gains certainty that a genuine buyer is committed, and the buyer gains assurance that release only happens on completion of the deal.
Milestones worth insisting on
- Escrow funding confirmation.
- Property due diligence and title review.
- Transfer document verification.
- Buyer confirmation of completion before release.
Off-plan does not have to mean off-the-record. Work with a verified network and insist on a structured escrow from day one.
