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Category: What Is Escrow

2018 August 22

How Does Escrow Work When Refinancing?

How Does Escrow Work When Refinancing? Understanding the escrow process is important when refinancing your home. Since real-estate transactions include long, multifaceted steps, escrow agents are in place to help refinancers and lenders track and disburse money according to the agreements made. However, many are unsure of the specifics of the escrow process when refinancing

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2018 August 22

How Does Escrow Work When Buying A House?

How Deos Escrow Work When Buying A House

How Does Escrow Work When Buying a House? If escrow real-estate transactions still confuse you a bit, in this article, we will be looking at the escrow process of a home sale or resale. Below, we go over the steps of this specific escrow process in California so that you know exactly what you should

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2018 June 11

5 Tips to Make Your Escrow Process a Breeze

5 Tips to Make Your Escrow Process a Breeze

Why is it that so little is written or discussed regarding the escrow process? The typically 30-day process in which buyers, sellers, and vendors are working tirelessly to execute on purchase terms is more important than most realize. I often compare the escrow component of a Real Estate transaction to that of a point guard

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2018 May 3

The Escrow Process Defined

escrow-defined

What is Escrow? Escrow is an essential part of selling and buying a house. In escrow, an independent and neutral third-party handles and coordinates all of the funds, documents and instructions involved in the real estate transaction. The escrow agent (or escrow holder) makes sure that no funds are dispersed until all conditions of the

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2018 February 23

The Costs of a Slow Escrow

The Costs of a Slow Escrow

A Smooth Escrow Process The escrow process is an important step in buying or selling a home. Safeguarding the hundreds of thousands of dollars during the escrow process portion of a home sale is a sensitive process. When the process is slowed due to mistakes or a negligent escrow service, the costs involved can increase

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