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Escrow,
Escrow 101
by cvescrow
Closing fees are a prickly part of any real estate deal. This is where everybody involved in the sale and transfer - lenders, lawyers, government agencies, and the escrow company - add their numbers to the bottom line. Perhaps the worst thing about closing fees...
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Escrow,
Escrow 101
by cvescrow
Within 48 hours of receiving a contract, CV Escrow mails out an opening package to both the buyer and seller. These packages contain "homework", i.e. paperwork that escrow needs back promptly in order to move forward and ensure that a transaction closes on schedule. It...
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Escrow,
Escrow 101
by cvescrow
According to Merriam-Webster, escrow is defined as: a deed, a bond, money, or a piece of property held in trust by a third party to be turned over to the grantee only upon fulfillment of a condition.
Whether it is the buying and selling of a...