Stewart Title Partners with ZOCCAM for Earnest Money Deposits

One weird issue in our business that we deal with is how to get an earnest money deposit check to a Title Company.  In some states, real estate offices hold the EMD, but due to potential liability issues, the trend has moved to the Title Company holding EMD checks. In the past, we have always had clients drop off checks, mail them in, wire the money, or yours truly would drive to the Realtor’s office and pick them up. In the age of being able to scan or take a picture of checks and have them deposited into bank accounts–something had to be done to make things easier for our Realtor clients.