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 is important, and by closing escrow with Foundation Escrow, you've chosen a settlement company that includes a Seller's Protection Plan. In the event of any inadvertent errors and omissions related to the sale of your home, our Seller’s Protection Plan includes coverage from $25k-$100k, including defense costs, which you would be legally obligated to pay in the event of a claim. The Seller's Protection Plan provides you coverage for up to 180 days after your escrow closes for your primary home closing. $25,000 $50,000 $100,000
Seller is responsible for paying a $2,500 deductible as a result of a covered circumstance. Review policy for a complete description of qualifications and restrictions (a copy of your SPP endorsement can be provided) *The Seller’s E&O policy applies to the Primary Residence of the Seller and must have been occupied by the Seller within 90 days prior to the date of a completed contract. ** To file a claim there is a $2,500 retention fee (per claim and per policy). *** Warranties and NHD must be purchased as part of the Close of Escrow. CRES version of the 13-month warranty is required for the $50,000 coverage.