07/31/2022
What is escrow? Escrow is a neutral third party that holds assets a or funds and distributes them to the correct party once conditions have been met (fulfillment of the purchase agreement). Escrow is protection for the both the buyer and the seller.
Escrow is paid from both the buyer and the seller. Escrow is not a requirement in CA but if youβre working with a lender they will require it.
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Rockβn Real Estate
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