The Life of an Escrow

What is an Escrow?

 

Buyers and sellers of a piece of property establish terms and conditions for the transfer of ownership of the property. These terms and conditions are given to a third party known as the escrow holder. In turn, the escrow holder has the responsibility of seeing that terms of the escrow are carried out. The escrow is an independent neutral account and the vehicle by which the mutual instructions of all parties to the transaction are complied with.

 

Download the document below for the process that Escrow will follow during the transaction.

The Escrow Process
Life of an Escrow.pdf
Adobe Acrobat document [477.5 KB]

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help You?

BETTY FERNANDEZ REALTOR®            Broker-Associate

(805) 766-1495

Betty@Betty4RealEstate.com

CalRE #01452802

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Former Certified Residential Appraiser

Seniors Real Estate Specialist (SRES)
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