Tag: what is escrow

2021 June 28

7 Tips For Getting Through Your Escrow

7-tips-for-getting-through-your-escrow

Escrow exists as a neutral entity that helps parties finalize a housing purchase. Think of it like a storage unit that doubles as a safety net. The escrow keeps all documents and funds in custody until the home is sold safely and legally. Both the buyer and seller are involved in escrow, but the one

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2021 April 5

Types of Escrow Accounts and How They Work

Types of Escrow Accounts and How They Work

What are escrow accounts and how do escrow accounts work?, Before we can get into the details, let’s first define what escrow is. Escrow is a process that takes place during the home buying process. Think of it as a form of safekeeping. So, between the time of a purchase agreement and the closing of

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2021 February 19

How Escrow in Real Estate Works and How Having an Account Can Help You

How Escrow in Real Estate Works and How Having an Account Can Help You

Having an escrow account is a very helpful way to get through the home closing process, which consists of many sensitive elements. It can also be helpful after this process is over by helping you pay off your real estate taxes and insurance. Here is how escrow in real estate works and what having an

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2021 February 16

How Real Estate Agents and Escrow Providers Work Together

How Real Estate Agents and Escrow Providers Work Together

How Do Real Estate Agents and Escrow Providers Work Together? If you have considered buying a house or a real estate property, you probably realized it was a more complicated process than you thought. Fees, lawyers, credit reports, homeowner associations, inspections, and mortgages are among many other things that make it a long and arduous

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2021 February 12

What Are The Escrow Fees For Buyers?

What Are The Esrcow Fees For Buyers

The escrow process can seem to be unfamiliar and stressful, especially when handling all fees that arise when buying a home.  As a first time buyer, you may not understand escrow fees. Luckily, this guide will help give you a better understanding about the escrow fees and how much you need to pay. Let’s dive

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