10 THINGS TO KNOW IF YOU ARE CL U ARE CLOSING A HOME DEAL FOR THE FIRS R THE FIRST TIME
#1. Open an Escrow
The first step to closing the deal and unlocking the front door of your own house is to open an escrow. An escrow is a contractual arrangement in which a third party receives and disburses money or documents for the primary transacting parties, with the disbursement dependent on conditions agreed to by the transacting parties. Escrow, on average, will last approximately
90
Powered by FlippingBook