Escrow Protection Tailor Made for Sellers
Selling your home doesn't end at the sale
In a real estate transaction, all parties are covered except for the seller. Protecting yourself matters, and by closing escrow with Foundation Escrow, you’ve chosen a settlement company that includes a Seller’s Protection Plan (SPP).
In the event of any inadvertent errors and omissions related to the sale of your home, our Seller’s Protection Plan includes coverage from $30,000–$105,000, including defense costs, which you would be legally obligated to pay in the event of a claim. The plan provides coverage for up to 210 days after your escrow closes on your primary residence.
$30,000 Coverage
Protect yourself against potential lawsuits or disclosure disputes with $30,000 in automatic coverage after the close of escrow — at no upfront cost to the seller. Coverage is automatically included for qualifying transactions.
$60,000–$105,000 Coverage
Increase your Errors & Omissions coverage by selecting services from CRES-approved NHD or Home Warranty vendors at the time of closing.
Coverage amount varies based on vendor choice:
- Ordering an NHD report through www.thedisclosurereport.com or www.MyNHD.com increases protection.
- Purchasing a CRES-Qualified Home Warranty through Fidelity, First American, or Old Republic provides the maximum $105,000 coverage and reduces out-of-pocket claim expenses.
The seller is responsible for paying a $2,500 deductible in the event of a covered claim.
Coverage applies exclusively to the seller’s primary residence and lasts 210 days after closing.
For more information, contact your Escrow Officer or Sales Representative at Foundation Escrow.
