There’s a lot that goes on between the time you make an initial offer on a new home and the date you move in. It’s part of the reason that hiring a real estate professional is so necessary - a real estate transaction is complex, with many moving parts that you may not fully understand.
My goal with my new Inside Real Estate recurring feature is to shed some light on some of the lesser known facets of the real estate industry and de-mystify some of terms you’ve heard thrown around, but were to shy to ask about.
First up: the Escrow Process.
What is escrow? How does the process differ in this part of California? Why does it matter to me?
Those are great questions - let’s dive right in!
What is Escrow?
The particulars of the escrow…