escrow deposit: The Most Unusual Transaction....
- 08/24/06 05:44 AM
When I started my real estate career back in 1992, I worked in a very rural area in the Ozarks. There was an "old-timer" in the office that told many funny anecdotes about his rather colorful beginnings. He related the one about a buyer and seller coming to terms on a transaction, only to find the buyer was short of cash. As we know, the escrow deposit can be any "valuable consideration." So they decided the listing agent would take possession of a goat. During the term that it took the transaction to close, the agent would feed and care for the … (3 comments)
When I started my real estate career back in 1992, I worked in a very rural area in the Ozarks. There was an "old-timer" in the office that told many funny anecdotes about his rather colorful beginnings. He related the one about a buyer and seller coming to terms on a transaction, only to find the buyer was short of cash. As we know, the escrow deposit can be any "valuable consideration." So they decided the listing agent would take possession of a goat. During the term that it took the transaction to close, the agent would feed and care for the … (3 comments)
;)
;)
