Most contracts that involve the transfer, lease or financing of real or personal property can be placed in escrow. You may be involved in escrow not only when you buy or sell a home, but also when you buy a mobile home, sell a business or transfer stock in a closely held business. The buyer or seller should demand the protection of escrow for any transaction which involves a substantial investment.
These are some of the escrow transactions that are heard of:
Residential - Commercial - Bulk (Business) Sale - Mobile Home
Refinance - Holding Funds - Personal Property - Foreclosures
Construction - Trust Deeds - Stock Sales - Intellectual Property
Disputed Funds - Surrogate Funds - Tract - Subdivisions
Just to name a few. Contact your local Escrow Holder to see what type of escrows they specialize in.
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