Open Escrow Escrow companies are third parties that help manage the transfer of money and title between buyers and sellers. There are many contingencies and legal aspects of the transaction which must be taken care of during escrow. We manage this process carefully in order to ensure that no problems arise that might jeopardize the escrow and the purchase of your home. Escrow is typically 30 days long and it is during this time period that several important contingencies are removed. As the buyer you have the chance to order a professional home inspection while the lender has the home appraised to confirm that you are not over-paying. The seller also provides you with a list of disclosures to ensure that you know everything you need to know about the home you’re about to purchase to minimize your risk. Once you are satisfied with the home inspection, the appraisal comes in, and the loan funds, it's time to close the deal! |
