If you are selling your home, preventing an escrow holdback for repairs is a key component of a smooth and successful transaction agreement. An escrow holdback can occur for many reasons, but a holdback for repair costs found during a home inspection is one of the most common seen by real estate agents. Gaining a better understanding of what the most common repairs needed during escrow and the estimated cost can help you avoid a messy escrow process. You can…
Read moreWhether you are buying or selling a home, you’ll have to navigate the escrow process. Escrow is a process that many people go through, but don’t fully understand. Yet, it also occurs during the single largest transaction that most people ever make. Because of this, it is often viewed as a process that is stressful, lengthy, and demands attention. To get through the escrow process to closing, you’ll want to create an escrow checklist. Escrow has requirements for both buyers…
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