real estate questions: Temecula Real Estate Question - What is escrow, and what do they do?
- 01/26/11 11:15 AM
What is "escrow", and what do they actually do I think my escrow officer is great! - no one works harder on my deals than he does. Except maybe me, maybe? What is it? Escrow is a service which provides buyers and sellers and others with a means of protection in the handling of funds and/or documents. It facilitates the buyer and the seller to transact their “deal” through a neutral party, minimizing risk. Sort of like the bridge you see when the movies show a prisoner exchange.Most, if not all title insurance companies provide escrow settlement services or you may (0 comments)