Real Estate News

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    Home Buyer’s Guide – Know What Escrow Is

      Escrow is the term that describes of documents and money involved in the transfer of ownership of real property or the transfer of money or documents from one party to another during a sale or purchase of property. escrow is usually used in the purchase of real estate. It is significant to know that in a sale or purchase of a home, the escrow officer is an individual or a business that is impartial and provides the neutral service of recording the purchase agreement and transfer documents. The escrow officer is usually associated with both the buyers and the sellers. The escrow officer plays a neutral role in a…